Bitcoin bull market underway, Arthur Hayes says
5 Articles
5 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: Bitcoin Bull Market Has Begun as Treasury Buybacks Fuel Liquidity
TLDR: Hayes says expanded Treasury buybacks are fueling dollar liquidity and a new Bitcoin bull run Maelstrom is now at maximum risk, with major exposure to Bitcoin, Ether, ENA and ETHFI tokens Ten-year yields briefly fell after Bessent’s August 19 buyback announcement, then rebounded Hayes compares Bessent’s strategy to Yellen’s 2023 Activist Treasury Issuance liquidity move Arthur Hayes says a Bitcoin bull market is underway, pointing to ex…
Arthur Hayes says Bessent is now repeating all of Yellen’s mistakes
Arthur Hayes says Scott Bessent is becoming Janet Yellen through Treasury liquidity. Arthur opens “Same Same But Different” with a night at Pacha. Scott, his “Buffalo Bill,” runs into Yellen. Yellen mocks him because his buyback increase calmed yields for only one session. Arthur’s point is that Scott sounded different from Yellen, yet both reach for liquidity when Washington keeps spending and Treasury yields push higher. Arthur wrote: “I saw t…
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