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Arthur Hayes says Bitcoin weakness will persist until Fed expands balance sheet
Original: 📉 Arthur Hayes avisa: la debilidad de # Bitcoin seguirá hasta que la # Fed o los bancos expandan sus balances. $BTC pier
BitMEX co-founder Arthur Hayes warned that Bitcoin's weakness will continue until the US Federal Reserve or commercial banks resume expanding their balance sheets. His remarks came as Bitcoin fell below $77,000, even though global money supply reached a record high of $103.66 trillion. Crypto commentators are debating whether monetary tightening is suppressing prices despite the expanding liquidity picture.
Why now: Bitcoin dropping below $77,000 has renewed debate about Fed liquidity and its impact on crypto prices
Arthur HayesBitcoinFederal ReserveBitMEX
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