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Cryptos and S&P VIX

Discussion in 'CryptoCurrency' started by bartosimpsonio, Jul 28, 2017.

  1. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Call me crazy but I see a correlation between Bitcoin price and the S&P VIX.

    Every time the markets are rattled by some political or worldwide tsunami, the S&P VIX goes higher and Bitcoin seems to go with it.

    A few minutes ago it matched Bitcoin variation almost exactly https://www.investing.com/indices/volatility-s-p-500