Arthur Hayes Predicts More Dollar Liquidity that Could Push Bitcoin’s Rally Further
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Arthur Hayes says Bitcoin has entered a new bull market as US Treasury Secretary Scott Bessent prepares Treasury market operations to inject dollar liquidity. Hayes argues that liquidity injections to keep Treasury yields under control typically boost Bitcoin and other risk assets, implying a positive impact on crypto markets, token performance and DeFi adoption.
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Bitcoin (BTC) has entered a new bull market, according to Arthur Hayes, who argues that US Treasury Secretary Scott Bessent is preparing to create more dollar liquidity through Treasury market operations.
The thesis rests on a familiar argument of his: when policymakers inject liquidity to keep Treasury yields under control, Bitcoin and other risk assets tend to benefit.
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