Wall Street’s fear gauge, the VIX, surged 21.5% to 19.99 on Friday while the S&P 500 dropped 1.09%, marking the index’s biggest one‑day rise since June 5. Historical data shows that in 32 prior Fridays with a VIX jump of 20% or more (excluding this week), the index fell on the following Monday 25 times and rose only seven, with an average Monday decline of 4.5% and a median drop of 16% a month later.
Bitcoin stayed above $80,000 over the weekend, and its volatility gauge BVIV slipped 1% to just under 40% and has barely moved. Traders placed $1.7 million on 9,200 November 18 20‑strike calls and $1.1 million on 12,500 November 18 23‑strike calls, betting the VIX will close above 23 by the third week of November. Even after Friday’s spike the VIX remains below 20, a level it has exceeded on more than a third of days since 1990, and has closed above 30 on only 8% of days.
#VIX #Bitcoin #MarketFear
$BTC
Bitcoin stayed above $80,000 over the weekend, and its volatility gauge BVIV slipped 1% to just under 40% and has barely moved. Traders placed $1.7 million on 9,200 November 18 20‑strike calls and $1.1 million on 12,500 November 18 23‑strike calls, betting the VIX will close above 23 by the third week of November. Even after Friday’s spike the VIX remains below 20, a level it has exceeded on more than a third of days since 1990, and has closed above 30 on only 8% of days.
#VIX #Bitcoin #MarketFear
$BTC