2 hours ago
CoinRank
CONTENT
BitMEX co-founder Arthur Hayes says Bitcoin’s recent pullback is closely tied to a sharp contraction in USD liquidity, not crypto-specific weakness.
Over the past few weeks, dollar liquidity has fallen by ~$300B, largely driven by a $200B increase in the U.S. Treasury General Account (TGA) as the government builds cash buffers amid potential shutdown risks.
WRITER’S INTRO
