The article discusses a potential correlation between the MOVE index, which measures volatility in the US bond market, and the price of Bitcoin. The MOVE index was originally created to monitor risk sentiment in the fixed income market. While not a predictive indicator, the author notes that there have been instances where the movements of the MOVE index have preceded movements in the price of Bitcoin in the opposite direction. The author cautions that this correlation is not constant and should be interpreted with caution.
- Content Editor ( en.cryptonomist.ch )
- 2024-10-12
Bitcoin: the index that can anticipate the price movements of BTC