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Arthur Hayes: Risk assets like Bitcoin will continue to soar as USD liquidity rises

Arthur Hayes: Risk assets like Bitcoin will continue to soar as USD liquidity rises

CointimeCointime2023/11/16 01:06
By:Cointime

Arthur Hayes, co-founder of BitMEX, wrote on X platform that since early November, with the decrease in the scale of the Federal Reserve's overnight repurchase agreement (RRP) usage and no change in the balance of the US Treasury Department's general account (TGA), nearly $200 billion in liquidity has been injected into the market. Risk assets such as Bitcoin and other cryptocurrencies will continue to soar.

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