Bitcoinβs Wall Street Combo Of Greed and Volatility
The lack of volatility in global markets is leading investors to seek riskier investments with increased rewards. Cryptocurrencies such as Bitcoin are being used to feed this increased investor appetite.Β Analysts at Deutsche Bank have asserted that there is a correlation between the price of Bitcoin and the volatility index (VIX). The analysts backed up theirΒΒargument saying that the first three weeks of 2018 so far show correlation between Bitcoin and VIX has increased dramatically.
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