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Arthur Hayes said in an interview with Altcoin Daily that with the pressure of US $40 trillion treasury bond rising, Bitcoin and crypto assets have become tools to hedge the risk of central bank printing money and debt. The expansion of the repurchase scale of long-term treasury bond bonds in the United States sends a signal that when the yield of long-term treasury bond approaches 5%, the government may intervene in the market through liquidity tools to benefit crypto assets. Arthur Hayes is optimistic about Ethereum, believing that it has not broken through the historical high of 2021 and has a mature DeFi ecosystem and developer base, making it more likely to outperform the market in the next stage.