Update
VIX Index Spikes on Friday, May to Subside on Monday
Wall Street's fear gauge, the VIX index, spiked on Friday as stocks dropped due to AI and geopolitical concerns. Bitcoin BTC $82,001.05 traded choppy, with traders running from risk. The VIX index jumped 21.5% to 19.99 on Friday, marking its biggest one-day rise since June 5. Seasonality and calm bitcoin suggest the panic could subside on Monday. Historically, VIX spikes on Friday usually subside by Monday.