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Wall Street Fear Gauge Rips Higher on Friday
Wall Street's fear gauge, the VIX index, spiked on Friday as stocks plummeted due to concerns over AI and geopolitical issues. Bitcoin BTC $81,063.25 traded in a choppy manner. Traders are betting the fear gauge will continue to rise, but historical data suggests the panic could subside quickly on Monday. The VIX index jumped 21.5% to 19.99 on Friday, marking its biggest one-day rise since June 5. AI stocks and geopolitical tensions are contributing to the market's volatility.