Arthur Hayes Warns Bitcoin May Stall Until Liquidity Returns

Bitcoins path higher may hinge more on fiat liquidity than interest rates as macro stress builds. Arthur Hayes argues near-term upside may remain limited until policymakers inject liquidity into banks and credit markets. Key Takeaways: Arthur Hayes ties bitcoins outlook to global liquidity, with upside dependent on policy-driven liquidity. Geopolitics create a bearish setup as []