Arthur Hayes Says Bitcoin Could Stay Weak Until Fed or Banks Expand Balance Sheets
Photo: TokenPost
Maelstrom co-founder and Chief Investment Officer Arthur Hayes said Bitcoin could remain weak until the Federal Reserve or commercial banks expand their balance sheets, putting bank activity alongside central bank policy in his liquidity outlook. “USD liquidity is recharging. Expect $BTC weakness until Fed and or Banks start growing their balance sheet,” Hayes wrote in an X post at 8:16 p.m. ET Monday, Nov. 2 (1:16 a.m. UTC Tuesday, Nov. 3). The two channels involve different parts of the financial system.
Source: TokenPost
