How does the VIX index affect Bitcoin trading?

1 answers

• Jan 14, 2022 · 3 years ago
  At BYDFi, we closely monitor the relationship between the VIX index and Bitcoin trading. While the correlation may not be direct, understanding market sentiment and volatility can provide valuable insights for traders. It's important to note that the VIX index is just one of many factors that can influence Bitcoin trading, and it's essential to consider other fundamental and technical indicators when making trading decisions.
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