The VIX index, which shows the equity market's expectations for 30-day volatility and is often called Wall Street's "fear gauge," roseate to 39, the highest since October 2020, aft China imposed retaliatory tariffs connected the U.S., information from TradingView show.
The increase, coupled with the crisp sell-off successful the U.S. stock-index futures, prompted traders to summation estimates of Federal Reserve interest-rate cuts to 116 ground points this year, up from 100 ground points earlier the China quality deed the wires, CME's FedWatch instrumentality shows.
Bitcoin (BTC) traded 0.7% little connected the time astatine $82,500 astatine property time, having earlier enactment successful highs supra $84,600. Bitcoin's 30-day implied volatility, represented by Deribit's DVOL index, roseate to an annualized 54.6%, the highest successful 2 weeks.
