According to BlockBeats, the VIX, a measure of market volatility, rose to a two-week high of 24.80 on Monday, closing at 22.77 on Tuesday. This increase is attributed to the uncertainty surrounding U.S. tariff policies and potential market reactions.
Mark Spindel, Chief Investment Officer at Potomac River Capital LLC, commented on the situation, stating, "I believe the market is indeed holding its breath." He anticipates that this "fear gauge" could rise towards the 30 mark, a level that typically indicates a heightened risk-averse market environment.