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Which cryptocurrencies are most affected by VIX ETF 3x volatility?

avatarNilsson DegnDec 27, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are highly influenced by the volatility of VIX ETF 3x? I'm interested in knowing which digital currencies are most responsive to the fluctuations in the VIX ETF 3x. Are there any specific cryptocurrencies that tend to experience significant price changes when the VIX ETF 3x is volatile?

Which cryptocurrencies are most affected by VIX ETF 3x volatility?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! When it comes to cryptocurrencies that are most affected by the volatility of VIX ETF 3x, Bitcoin and Ethereum are at the top of the list. These two digital currencies have a strong correlation with the VIX ETF 3x and tend to experience significant price movements when the VIX ETF 3x is volatile. Other cryptocurrencies that are also influenced by the VIX ETF 3x include Ripple, Litecoin, and Bitcoin Cash. However, it's important to note that the cryptocurrency market is highly unpredictable, and the relationship between VIX ETF 3x volatility and specific digital currencies may vary over time.
  • avatarDec 27, 2021 · 3 years ago
    Oh boy, let me tell you about the cryptocurrencies that go wild when the VIX ETF 3x is on a rollercoaster ride! Bitcoin and Ethereum are the big players here. They dance to the tune of the VIX ETF 3x like nobody's business. But hey, don't forget about Ripple, Litecoin, and Bitcoin Cash. These bad boys also know how to party when the VIX ETF 3x is feeling frisky. Just keep in mind that the crypto market is a wild beast, and things can change faster than you can say 'moon lambo'.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to cryptocurrencies that are most influenced by the volatility of VIX ETF 3x, Bitcoin and Ethereum take the lead. These two digital currencies have a strong correlation with the VIX ETF 3x and tend to experience significant price changes when the VIX ETF 3x is volatile. However, it's important to note that the cryptocurrency market is highly unpredictable, and the relationship between VIX ETF 3x volatility and specific digital currencies may vary over time. For more detailed information on this topic, you can check out the resources provided by BYDFi, a leading platform in the cryptocurrency industry.