Officials from Deutsche Bank have issued a warning to its clients informing them that there is a connection between the CBOE Volatility Index (VIX) and the trading price of Bitcoin.

A global financial strategist at the bank, Masao Muraki and two fellow workers Tao Xu and Hiroshi Torii said the decreased amount of wavering and likely activity within the stock market is resulting in traders and investors tiring and seeking other ways to make money. The letter also revealed that investors\' interest in potentially dangerous investments is growing.

According to the note, investors who traditionally used technical and financial literacy, evaluation and analysis are now utilising digital currency prices to gather information about the market. As the stock market unpredictability reduces, the trading price of digital currencies such as bitcoin will increase as a result of traders and investors turning to the virtual market in order to make money, says Muraki.

Traditional stock markets remain unsurprising while the cryptocurrency market is anything but predictable. December 2017 saw the market price rise to over $20,000, yet the following month, the price of Bitcoin fell to below $10,000. The current trading price of Bitcoin is around $11,834.