DongdaemunTrendsetter
Tue Jul 16 2024
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6 answers
1366
What is cryptocurrency volatility index (CVX)?
As a financial enthusiast, I'm curious to understand the intricacies of the cryptocurrency market. One term that has piqued my interest is the Cryptocurrency Volatility Index, or CVX. Could you please elaborate on what CVX represents and how it functions? Specifically, I'd like to know if it's a measure of the overall market's volatility, or if it focuses on a specific cryptocurrency. Additionally, I'm interested in how investors utilize this index to make informed decisions and if there are any strategies associated with it. A concise yet comprehensive explanation would be greatly appreciated.
