Bitcoin bull market underway, Arthur Hayes says
9 Articles
9 Articles
As the price of Bitcoin surged following the U.S. government's decision to increase its long-term bond buybacks, analysts suggest that the virtual asset market has begun a bull run. Based solely on the Bitcoin Dominance indicator, often referred to as a warning signal for the coin market, the market appears to be in the early stages of an uptrend. Bitcoin Dominance refers to Bitcoin's market dominance, and across the entire virtual asset market
Arthur Hayes Predicts More Dollar Liquidity that Could Push Bitcoin's Rally Further
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. Hayes Points to Bessent’s Treasury Strategy In an August 25 essay, Hayes co…
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