MOVE Index Dips Following Trump’s Tariff Suspension

The MOVE Index has experienced a significant decline, dropping to 128.83 after U.S. President Donald Trump’s suspension of tariffs. This move comes as Arthur Hayes expressed his observation that the index confirms its effectiveness. While acknowledging the current market conditions, he encourages cautious optimism for those who are holding their investments. Hayes also speculated that Bitcoin might see a different trajectory compared to traditional stock markets, potentially continuing its upward trend independent of broader economic shifts.