Trump Tariff Suspension Impacts Bitcoin Market: MOVE Index Dips and Hayes Predicts Divergence

The U.S. pause of tariffs on China has significantly affected the financial markets, particularly impacting the MOVE index and potentially changing how Bitcoin behaves. This pause caused a dip in the MOVE index, which measures volatility in bonds, to 128.83. Bitcoin’s correlation with stocks could change now that the impact of this tariff suspension is observed. Arthur Hayes, former BitMEX CEO, believes Bitcoin may amplify and not simply mirror stock trends, according to an interview. He argues that while the relationship between BTC and stocks may shift during economic turmoil, Bitcoin’s trend might differ significantly from established market patterns.