MOVE Jumps 33% in Two Days as Bitcoin DVOL Falls to 34.3, a Yearly Low
- —MOVE rose from 78.56 on Sept 22 to 104.58 on Sept 24, up 33%
- —DVOL fell from 37.4 to 34.3, close to the yearly low of 33.59
- —10-year Treasury yield climbed from 4.96% to 5.18%
- —Bitcoin's 30-day realized volatility of 42% exceeds DVOL at 34.3
Why it matters: The divergence suggests bitcoin options are underpricing risk, as rising bond volatility has historically weighed on crypto.
Source: TokenPost