BlockBeats News, April 2nd, due to the high uncertainty surrounding the U.S. tariff policy direction and potential market reactions, the panic index VIX rose to a more than two-week high of 24.80 on Monday and closed at 22.77 on Tuesday.
Mark Spindel, Chief Investment Officer of Potomac River Capital LLC, said: "I think the market is indeed holding its breath." He expects this "panic index" to potentially rise to the 30 level. This level typically signifies that the market is entering a highly risk-averse mode. (Jinse)
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