VIX Spike and Steady Bitcoin Point to Possible Easing of Market Fears
Edited by Steinar Vigdel Kolnes, Editor, Oslo
A Friday jump in Wall Street’s VIX fear gauge accompanied falling stocks, while bitcoin’s relative calm suggested anxiety could ease on Monday.
Wall Street’s VIX volatility index rose sharply on Friday as stocks declined, signaling increased unease among investors, according to CoinDesk.
The report pointed to historical patterns in which Friday bouts of market panic have often subsided by Monday. Seasonal trends also supported the possibility of calmer trading.
Bitcoin remained comparatively steady during the stock-market selloff, offering another indication that the anxiety might not persist. Those signals suggest a possible easing of fear, rather than a certain recovery.
Source: CoinDesk
