Macro· ★★★· neutral·

Bitcoin Volatility Decouples From Bond Market as MOVE Index Jumps to 104

  • —MOVE index jumped from 80 to 104, the highest since March 2026
  • —Bitcoin's BVIV holds near 37 versus a 2026 low of 35
  • —The S&P 500 VIX trades around 14, near its yearly low
  • —10-year Treasury yields briefly topped 5.2%
Why it matters: The volatility gap shows bond-market stress has yet to spill into crypto, but the delayed transmission of risk remains a threat.
Source: Blockmedia