$BTC The S&P 500 Volatility Index (VIX) remains high due to macroeconomic instability. In this context, the stock and cryptocurrency markets are experiencing significant volatility as investors sell off risky assets due to concerns about a prolonged trade war. In April, the S&P 500 index reached a volatility level of 74, while Bitcoin (BTC) was at 71, according to analysis from Bloomberg. The stock and cryptocurrency markets surged when rumors emerged that the Trump administration would suspend tariffs for 90 days. However, many values were wiped out when Trump denied the rumors. Ultimately, the Trump administration did announce a suspension of reciprocal tariffs in the days that followed.$BTC