Arthur Hayes, the founder of Bitmex, says the encryption market is preparing a 2022 -style breakout in fear, uncertainty and doubt.
Hayes said in a new interview with Crypto Banter YouTube Channel Ran Ran Neuner that the central bank will promote money printing to solve the worsening macroeconomic conditions that can push Bitcoin (BTC) and other encryption assets even higher.
“I think it’s perfect for risk assets, as I saw from 3Q to early 2025. Today there are similar settings today. We can’t print money because we can’t deal with many fear, uncertainty, doubts in the market, especially in the United States.
This is about the Treasury. Janet Yellen printed $ 2.5 trillion from 2022 to 2025. Bitcoin has increased six times. (US Treasury Minister Scott) Bessent must do similar things. So April 9 was the bottom and we will be much higher here. ”
Hayes also predicted that the BTC.D (Bitcoin Dominance) metrics could be tagged at 70% level and then entered the downward step, so that ALTS surpassed the flagship encryption assets.
BTC.D calculates how large amounts of encryption markets belong to BTC. Bitcoin dominance is currently 64.81%.
“Bitcoin dominance is 70%.
Bitcoin is trading at $ 94,030 at the time of writing and has fallen 1.8% over the last 24 hours.
https://www.youtube.com/watch?v=vdiOwlMyiu8
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