Article may be outdated

This article is 7 days old. Some details may have changed since publication.

CoinDesk·3 min read·medium

Wall Street freaked out Friday, but VIX and bitcoin trades say the fear may fade Monday.

O
Omkar Godbole
Wall Street freaked out Friday, but VIX and bitcoin trades say the fear may fade Monday.
✦AI Summary

Wall Street's fear gauge, the VIX, spiked significantly on Friday due to geopolitical and AI-related market concerns. However, historical trends and stable weekend bitcoin price action suggest that this market panic may be short-lived.

Why it matters

Understanding the correlation between traditional market volatility and bitcoin's weekend trading helps investors gauge potential market openings.

✦Dive DeeperCreate a free account to unlock

AI tarafından çevrildi 3 dk okuma Make preferred on Paylaş Bu makaleyi paylaş Bağlantıyı kopyala X icon X (Twitter) LinkedIn Facebook E-posta Make preferred on Friday VIX scares usually subside on Monday. (TradingView/CoinDesk) Özet Göster Wall Street’s fear gauge, VIX, surged 21.5% Friday as stocks fell. Traders are betting the fear index will stay elevated through November. Historical data suggests Friday VIX spikes typically ease on Monday. Bitcoin remains above $80,000 over the weekend, with its own fear gauge, BVIV, pinned in familiar ranges, showing no signs of market stress.

Wall Street's fear gauge, the VIX index, ripped higher on Friday as stocks tanked on AI and geopolitical worries. Bitcoin BTC $82.836,58 traded in a choppy manner as well.

Traders are betting the fear gauge keeps climbing.

However, if VIX history and bitcoin’s steady weekend price action are any guide, the panic could subside just as quickly on Monday.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomycrypto
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in