The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

This Daily Dive will touch on some of the recent macro trends and correlations in the BTC market. If you haven’t read this recent thread on the bitcoin market, check it out.

In Friday’s Daily Dive, with bitcoin below $40,000, we noted to keep an eye on the VIX, as risk assets continued to sell off in unison over the following month.

By Antoni