Year 2021 Data Cements Bitcoin As Risk-On Asset

Year 2021 Data Cements Bitcoin As Risk-On Asset

Data shows that Bitcoin has increasingly behaved like a risk-on asset in the year 2021 as its price movements have reacted to the VIX volatility index. Bitcoin Cements Itself As A Risk-On Asset During The Year 2021 As per the latest weekly report from Arcane Research, BTC has behaved like a risk-on asset this year as the crypto’s price has seemed to follow VIX. “VIX” is the ticker symbol for the Chicago Board Options Exchange’s Volatility Index. This index tells us about the stock market’s expectations of the volatility based on S&P 500 index options. While....


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