The financial world was shaken by unexpected volatility in the S&P 500 Index following US President Donald Trump's "Liberation Day" tariff announcement on April 2. The sudden spike in market turbulence underscored the anxiety and fear prevailing in traditional markets amidst the ongoing trade war. Bloomberg analyst Eric Balchunas highlighted the heightened volatility through the "SPY US Equity Hist Vol" chart, which surged to 74 in early April, surpassing Bitcoin's volatility level of 71.

This deviation from the S&P 500's usual long-term volatility average, which typically hovers below 20, was a cause for concern. In contrast to Bitcoin, which has been known for its extreme price swings since its inception, the stock market's unprecedented volatility

Source: https://cointelegraph.com/news/sp-500-brief-bitcoin-level-volatility-trump-tariff-war?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound