BM Pro Daily - Evaluating Bitcoin’s Risk-On Tendencies

Bitcoin’s Correlation With Market Volatility

Bitcoin is much more than an “inverse VIX” but that doesn’t stop the market from trading it as such. (“VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options.”)