Deep Tide TechFlow news, on May 8, according to CoinDesk, BitMEX co-founder Arthur Hayes stated that it is the U.S. Treasury, not the Federal Reserve, that is the key institution influencing global liquidity and the future of Bitcoin.
Hayes pointed out that the U.S. Treasury Secretary is managing the continuously expanding debt burden through repurchase and auction strategies, reshaping global liquidity. The core concern for the market is whether the liquidity of the dollar in the system continues to increase. Additionally, geopolitical factors will also drive up the price of Bitcoin. He predicts that the upcoming trade agreement between the U.S. and China will be more symbolic rather than substantive change.
He disclosed that approximately 60%-65% of his portfolio is in Bitcoin, 20% in Ethereum (ETH), and the remainder in 'functioning tokens.'
