What are the correlations between the SP VIX and cryptocurrency market movements?

3 answers

• Kenneth Ben-BouloFeb 28, 2023 · 3 years ago
  The SP VIX, also known as the CBOE Volatility Index, measures the market's expectation of volatility. It is often referred to as the fear index. When the SP VIX is high, it indicates that investors are expecting increased market volatility. Cryptocurrency markets are known for their high volatility, so there is a correlation between the SP VIX and cryptocurrency market movements. When the SP VIX is high, it can lead to increased volatility in the cryptocurrency market as well. However, it's important to note that correlation does not imply causation, and other factors can also influence cryptocurrency market movements.
  626

  313
• Karltzy SanjiDec 17, 2020 · 5 years ago
  The SP VIX and cryptocurrency market movements are correlated to some extent. The SP VIX measures the expected volatility in the stock market, while cryptocurrency markets are known for their high volatility. When there is increased volatility in the stock market, it can spill over to the cryptocurrency market. However, it's important to remember that correlation does not necessarily mean causation. Other factors, such as market sentiment and regulatory news, can also impact cryptocurrency market movements.
  512

  171
• SurajJan 05, 2021 · 5 years ago
  The SP VIX and cryptocurrency market movements have a correlation, but it's not a direct one. The SP VIX measures the expected volatility in the stock market, while cryptocurrency markets have their own unique factors that influence their movements. However, during times of market uncertainty and increased volatility, we often see a correlation between the SP VIX and cryptocurrency market movements. Traders and investors pay attention to the SP VIX as an indicator of market sentiment, which can indirectly impact the cryptocurrency market as well.
  552

  138