HAYES UNCOVERS THE TRUTH! Forget about the Fed, The TREASURY is the TRUE engine for Bitcoin to reach 1 MILLION dollars (and China knows it)
Influential crypto-investor Arthur Hayes has a strong message for the community, the obsession with Federal Reserve policy is a distraction, they are looking at the wrong institution.
According to Hayes, the real catalyst for the price of #bitcoin does not lie in Jerome Powell's decisions, but in the discreet maneuvers of the United States Department of the Treasury, led by Secretary Scott Bessent.
"The real show is at the Department of the Treasury. Ignore the Federal Reserve. It doesn't matter," Hayes told CoinDesk in a recent interview. "Powell didn't matter in 2022 under a Democratic regime, and he doesn't matter now under a Republican regime."
📌 Silent Restructuring of Liquidity: Hayes argues that Bessent is reconfiguring global liquidity through repurchase and auction strategies to manage the growing U.S. debt.
📌 Avalanche of Dollars = #BTC to $1 Million: This massive liquidity injection, combined with uncontrolled U.S. spending, is the main reason why Hayes predicts Bitcoin will reach one million dollars by 2028.
📌 Geopolitics as Fuel: Hayes also believes that geopolitics, particularly "performative trade diplomacy" between the United States and China, is driving Bitcoin’s growth.