Bitcoin prices following inverse VIX since Bitcoin futures debut
It appears that Bitcoin prices are correlated with the inverse VIX since the debut of Bitcoin futures trading. Looks like Bitcoin is seen as a risk-on asset to institution looking for higher returns. If the stock market keeps dumping, so might Bitcoin prices.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.