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TechFlow news, May 21 — In a recent interview, Arthur Hayes said Bitcoin could rise to $200,000, emphasizing that the main driver of the current bull market may be policies from the U.S. Treasury rather than the Federal Reserve. Arthur Hayes analyzed that while reduced U.S. Treasury purchases by the Fed lead to tighter market liquidity due to rising yields, the Treasury's debt management and issuance plans could create new market momentum.
Arthur Hayes said in a recent interview that Bitcoin could rise to $200,000, emphasizing that the main driver of the current bull market may be policies from the U.S. Treasury rather than the Federal Reserve. Arthur Hayes analyzed that when the Fed reduces its purchases of U.S. Treasuries, although rising yields tighten market liquidity, the Treasury's debt management and issuance plans could create new market momentum.
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