Suspension of Trump’s Tariffs Affects MOVE Index and Bitcoin Trends

2 mins mins

Key Points:

Tariff suspension influences the MOVE index and Bitcoin’s potential market behavior.
MOVE index dips below key mark, suggesting volatility change.
Bitcoin may amplify, not shadow, future stock trends, says Arthur Hayes.

The MOVE index, a crucial bond volatility measure, dropped to 128.83 following the U.S. decision to pause tariffs on China for 90 days.

The tariff suspension affects Bitcoin’s correlation with stocks, prompting market speculation on future volatility.

Trump Tariff Suspension Alters MOVE Index, Bitcoin Dynamics

Arthur Hayes, former BitMEX CEO, commented on the MOVE index drop to 128.83, as Trump suspended tariffs. This move shifts Bitcoin’s link to equity trends, suggesting potential deviation from stocks during future economic changes. The suspension of Trump’s tariffs reaffirms the validity of the MOVE indicator, and the next BTC trend may differ from this one. “We will be back soon. Enjoy while the party still lasts. Next time, BTC may not be the first to follow stocks into trouble, but rather continue to amplify.”

The MOVE index’s decline, seen as a temporary respite, raises questions about Bitcoin’s future behavior amid economic uncertainties. Bitcoin might amplify and not just follow market trends, according to Hayes.

Market responses range from optimism over temporary stabilization to concerns on prolonged economic impacts. Arthur Hayes emphasized monitoring Bitcoin’s trajectory amid evolving market dynamics.

Bitcoin’s Future Amid Economic Uncertainties

Did you know? In prior financial crises, Bitcoin’s role shifted as safe haven or risk asset, reflecting its adaptability in volatile climates.

Bitcoin (BTC) stands at $81,992.70, with a market cap of $1.63 trillion and a trading volume increase of 26.04% over 24 hours. The cryptocurrency’s performance shows volatility, with a 6.16% rise in 24 hours but a 13.64% drop over 90 days, according to CoinMarketCap.

bitcoin-daily-chart-246 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 10:07 UTC on April 10, 2025. *Source: CoinMarketCap*

The Coincu research team predicts Bitcoin may increasingly diverge from traditional assets during turbulence. Regulatory scrutiny and emerging technologies could further shape crypto’s landscape, urging investors to watch these trends closely.