Putin’s Plans in Ukraine Harm Bitcoin Value

Share

The under is from a current version of the Deep Dive, Bitcoin Journal’s premium markets e-newsletter. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

Volatility Spikes, Bitcoin Follows

We’ve coated the connection between fairness market volatility and bitcoin worth motion extensively for the reason that begin of the brand new 12 months, because the inverse correlation between the value of bitcoin and the VIX (S&P 500 Volatility Index) stays extraordinarily sturdy. Volatility spiked but once more as we speak as markets reacted to Putin’s speech from yesterday, recognizing the independence and sovereignty of the Donetsk Individuals’s Republic and the Luhansk Individuals’s Republic.

Read Also:  UK - El Salvador president plans 'Bitcoin Metropolis' financed by ...