Bitcoin is becoming more intertwined with Wall Street risk sentiment, as shown by a record 90-day correlation of 0.88 between BTC’s implied volatility indices and the S&P 500 Volatility Index (VIX). This trend, dubbed the “Wall Streetization” of Bitcoin, highlights how institutional behavior is reshaping the crypto market’s volatility profile. BTC Volatility and S&P 500 … Continue reading Bitcoin Volatility Index Hits Record Correlation With S&P 500 VIX