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Arthur Hayes Says Bitcoin Rally May Depend on Banks, Not Just Fed

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Arthur Hayes linked bitcoin’s next rally to renewed dollar liquidity from commercial banks or the Federal Reserve. His near-term warning follows a longer-term bullish outlook that includes bitcoin eventually reaching $1 million and a money-creation-driven crypto bull run. Hayes Points to Banks Alongside the Fed Arthur Hayes, co-founder of cryptocurrency derivatives exchange Bitmex and chief […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Hayes expects liquidity expansion to fuel a long-term BTC bull run, but no concrete policy action is announced.

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Arthur Hayes Says Bitcoin Rally May Depend on Banks, Not Just Fed — Crypto Insight