Analyst: Bitcoin to VIX ratio has hit a long-term trend line, which may mark the bottom of Bitcoin
April 13 news, according to CoinDesk senior analyst James Van Straten, the SP volatility index soared to its highest level since August last year this morning, indicating increased market uncertainty. James also said that the ratio of Bitcoin to VIX has reached a long-term trend line, historically, this trend line has previously marked the bottom of Bitcoin during major market events, followed by a price rebound.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Foundation Launches Trillion Dollar Security Initiative to Strengthen Network
The Ethereum Foundation has launched a “Trillion Dollar Security Initiative” to enhance the security and resilience of the Ethereum blockchain. This program aims to protect the network, which supports a wide range of decentralized finance applications, NFTs, and smart contracts.
MetaMask Token Launch Remains Uncertain, Says Co-Founder Dan Finlay
MetaMask is still considering the launch of a native token, but no definitive plans have been made yet. Dan Finlay, MetaMask’s co-founder, described the possibility of a token as a “maybe” during an interview on The Block’s “Crypto Beat” podcast on May 14, 2025.
Is the XRP price rally over for now?
South Korea’s Presidential Candidates Back Bitcoin ETFs
Trending news
MoreCrypto prices
More
