10M
...
Arthur Hayes, co-founder of BitMEX, provided perspectives on a potential Bitcoin surge on the X platform. Alongside a chart depicting net Reverse Repurchase Agreement (RRP) and Treasury General Account (TGA) balance changes, the message specifically referred to Treasury Secretary Janet Yellen as “Bad Gurl Yellen.”
In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity. He proposed that Bitcoin (BTC) will likely mirror the rise in dollar liquidity, anticipating a positive trajectory in its price.
The displayed chart illustrated the net variations in RRP and TGA balances, indicating a possible link…
Read more on Cointelegraph