Junior markets editor for CoinDesk, the global leader in blockchain news.
Disclosure: I currently own BTC, LTC, ETH, ZEC, AION, MANA, REQ, AST, ZIL, OMG, 1st, and AMP.
Bitcoin's price inversely correlates with the CBOE Volatility Index (VIX), meaning the premier cryptocurrency is still a risk-asset and not a safe haven.
Bitcoin futures are trading below the cryptocurrency's spot price, signaling market participants have a bearish outlook on bitcoin over the coming months.