Arthur Hayes, co-founder of BitMEX, argues that the U.S. Treasury, not the Fed, is driving the current Bitcoin bull run. He believes that the Treasury's actions—like shifting short-term Treasury bills—have injected liquidity into the markets, benefiting Bitcoin and other assets. Hayes sees $BTC rise as tied to more dollars circulating, with Bitcoin potentially reaching $1 million by 2028.
Do you think the Treasury will continue to fuel Bitcoin’s rise? Let’s talk about it! 👇
