US tech stocks are experiencing one of the most volatile periods in history, with the Nasdaq 100 to S&P 500 volatility ratio rising to a 23-year high.

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BlockBeats news, July 9, The Kobeissi Letter stated that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, the highest level in 23 years. This is also the first time since 2018 that the ratio has exceeded 1.5. In comparison, during the 2008 financial crisis, this indicator peaked at around 1.6.

Currently, VXN is at 28 points, while VIX is at 16 points, with the latter being 43% lower than the former. VXN has remained above 20 points for five consecutive months, the longest streak since the 2022 bear market. The market is pricing in severe volatility risk for tech stocks.

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