BitMEX Co-founder predicts Bitcoin surge amid dollar liquidity rise
In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity. Arthur Hayes, co-founder of BitMEX, provided perspectives on a potential Bitcoin surge on the X platform. Alongside a chart depicting net Reverse Repurchase Agreement (RRP) and Treasury General Account (TGA) balance changes, the message specifically referred to Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity. He proposed that Bitcoin (BTC) will likely mirror the rise in dollar liquidity, anticipating a positive trajectory in its price. The displayed chart illustrated the net variations in RRP and TGA balances, indicating a possible link between heightened liquidity and the positive movement of Bitcoin. Getting my feet did and observing how Bad Gurl Yellen is busy pumping financial assets. Don’t get dis...