VIX Fear Index Surged Over 70%

• VIX rose over 70% in a day
• This is the biggest jump since February 2018
• Figures surpassed peak levels of March 2020

Historical data analysis reveals the uniqueness of the current situation:

Such a surge may become the strongest in observations since February 2018. The volatility growth rate significantly exceeds even the figures from the pandemic market crash in March 2020.

The VIX volatility index, known as Wall Street's 'fear gauge', showed a sharp rise in a single trading day. The indicator increased by more than 70%.