Former Bitmex CEO Reveals the Right Time for Bitcoin Investment!

  • It is stated that crypto currency investments may be logical if the US Treasury continues to borrow.
  • It is stated that the US Treasury borrowing to replenish its account may have a positive impact on Bitcoin.
  • It is stated that crypto currency investments will continue as long as the dollar liquidity remains positive.

Former Bitmex CEO Arthur Hayes Says Crypto Currency Investments May Be Logical If US Treasury Continues to Borrow

Former Bitmex CEO Arthur Hayes stated that the US Treasury has started borrowing to replenish its account after experiencing liquidity shortage and that this situation may have a positive impact on Bitcoin. Hayes claimed that the US Treasury Department will slow down its debt issuance. However, it was stated that the current situation is positive in terms of dollar liquidity and there is no concerning situation in the crypto currency market.

How Does US Treasury Borrowing Affect Bitcoin?

Borrowing by the US Treasury to replenish its account can have a positive impact on Bitcoin. This situation can increase the value of Bitcoin and offer new opportunities to crypto currency investors. Arthur Hayes stated that he will continue crypto currency investments as long as the dollar liquidity remains positive.

Dollar Liquidity and Crypto Currency Investments

It is expected that crypto currency investments will continue as long as the dollar liquidity remains positive. Arthur Hayes reported that the current dollar liquidity is over 77 billion dollars. However, it was stated that crypto investments may slow down or stop if liquidity turns negative. Therefore, crypto currency investors should closely monitor dollar liquidity.

Image

According to Coingecko data, Bitcoin, which lost 0.1% in the last 30 days, has experienced a 1.3% increase in the last 24 hours and is currently trading at $26,873.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Trump Highlights Severe Trade Tensions Between U.S. and Europe Amid Heavy Taxes and Lawsuits

On June 28th, U.S. President Trump highlighted the complex...

Bitcoin Sees Massive 11,770 BTC Outflow from Major CEXs Including Coinbase Pro and Binance

According to the latest data from Coinglass, centralized exchanges...

Bitcoin Spot ETF Sees $2.214 Billion Net Inflow in U.S. as BlackRock Leads with $1.31 Billion

According to data from Farside Investors, the United States...

TRUMP Token Liquidity Pool Drains $6.77 Million in Major Withdrawal, Reports OnChain Lens

According to OnChain Lens data reported by COINOTAG News...

US Senate’s $4.2 Trillion Tax Plan Sparks Debate Ahead of Bitcoin Deadline

The U.S. Senate, under Republican control, has unveiled a...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img