VIX Holds at 15.67 as Bitcoin Slips to $64,560 Before UK and US Data
Updated
Updated · Saxo Bank · Jul 16
VIX Holds at 15.67 as Bitcoin Slips to $64,560 Before UK and US Data
1 articles · Updated · Saxo Bank · Jul 16
Summary
VIX stood at 15.67 around 0600 CET, with futures at 18.12 and the curve in contango, pointing to a low-volatility bull market despite elevated skew at 148.51.
Bitcoin traded near $64,560, down 0.6%, while Ethereum hovered around $1,918, off 0.2%; crypto-linked ETFs were firmer, with IBIT up 0.63% and ETHA up 2.40%.
UK markets next face May GDP, trade and industrial production data at 0600, followed by US June retail sales and weekly initial jobless claims at 1230.
Those releases are the day’s main macro catalysts, arriving as broader risk gauges remain calm and crypto prices edge lower.