- Cryptocurrencies are increasingly correlated with the CBOE Volatility Index, better known as Wall Street’s “Fear Index.”
- That’s according to a note from global financial strategist Masao Muraki and his team at Deutsche Bank.
- The correlation relates to the fact that a low volatility environment encourages investors to move into riskier assets, like cryptocurrencies, to achieve decent returns on their investments.
LONDON – There’s a growing relationship between the price of bitcoin and the VIX, the volatility index colloquially known as Wall Street’s “Fear Index,” according to analysts at Deutsche Bank.
Writing in a note circulated to clients on Friday, Deutsche Bank global financial strategist read more >>>