According to entrepreneur Arthur Hayes, the U.S. Department of the Treasury is close to filling its "cushion" up to $850 billion. It currently stands at $816 billion. After this, liquidity outflow will cease, and it will flow into other markets, causing cryptocurrency prices to rise. Such periods of liquidity influx are often accompanied by high volatility, where the price of Bitcoin can change sharply within a short period.
In Hayes' opinion, this moment will be a turning point for the entire financial sector. Cryptocurrencies will become one of the main beneficiaries of this process thanks to their transparency and independence from traditional institutions.
He emphasized that the "only up" scenario for Bitcoin does not mean endless growth without corrections. However, Hayes points to a long-term trend where each major wave of liquidity strengthens the positions of digital assets and pushes their quotes upwards.
Previously, Arthur Hayes stated that the change in the chair of the Federal Reserve System (FRS) will lead to a change in the policy of the American central bank and allow the price of Bitcoin to exceed $1 million by the end of the decade.
