Crypto volatility reflects stock market sentiment
Dan PetrieAugust 17, 2018Volatility is a word which appears more readily when the market sees red. During a stock market rout, the much vaunted vix volatility index will rise as money seeks safe houses in US Treasuries and gold.
Lower volatility often correlates with stock market gains, as demonstrated by the relationship between the S&P 500 and Vix Volatility index.
When looking at volatility and cryptocurrency, the conversation is dominated by the performance of bitcoin over the last two years. But has the bitcoin price finally bottomed out with a mature market on the horizon?
