Breaking Down the Drama:
- Oh, the VIX index, aka Wall Street’s “fear gauge,” just hit its highest level since Oct 2020. Thanks, China tariffs! π¬
- Traders are now betting on 116 basis points rate cut this year, up from 100 bps. They’re feeling lucky! π
- Bitcoin takes a dip, down 0.7% to $82,500. But its 30-day implied volatiliy is at a 2-week high. Bitcoin rollercoaster, anyone? π’
That’s right, folks. The VIX index is soaring to 39, a 4.5-year high, all thanks to China’s retaliatory tariffs on the US. Traders are now predicting even more rate cuts from the Fed this year. Meanwhile, Bitcoin is experiencing some turbulence, with its 30-day implied volatility hitting a two-week high. Buckle up, it’s going to be a wild ride! π’
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2025-04-04 14:48