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CRYPTO News FLASH - July 24, 2025

Bitcoin and S&P 500 Volatility Indices Hit Record 90-Day Correlation, Signaling Deepening Market Link



Today's Top Stories:


Bitcoin’s implied volatility index and the S&P 500 VIX have reached a record 0.88 correlation over 90 days, indicating that Bitcoin’s market fear gauge is now closely aligned with Wall Street’s equity volatility[3].
FTX announces it will begin the next round of creditor repayments on September 30, backed by a $1.9 billion court grant, marking a significant step in its restructuring process[4][5].
The XRP Ledger is being utilized to tokenize $130 million in agribusiness credit in Brazil, accelerating real-world asset (RWA) adoption in the region and showcasing blockchain’s expanding use cases beyond finance.

Sources
Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation
FTX To Start Next Round Of Creditor Repayments On Sept. 30 With $1.9 Billion Granted By Court
XRP Ledger Tapped For Tokenizing $130M Agribusiness Credit As Brazil's RWA Push Accelerates

Flash Insight:


The unprecedented correlation between Bitcoin’s volatility and the S&P 500 VIX underscores Bitcoin’s growing integration with traditional financial markets, reflecting increased institutional participation and macroeconomic sensitivity. Meanwhile, FTX’s creditor repayment timeline signals progress in crypto bankruptcy resolutions, and XRP’s real-world asset tokenization in Brazil highlights blockchain’s expanding role in global finance beyond speculative trading. These developments collectively point to a maturing crypto ecosystem increasingly intertwined with mainstream finance and real economy applications.
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