Arthur Hayes Says Bitcoin May Be Driven by Fiat Liquidity Cycles Rather Than the Halving
Arthur Hayes Says Bitcoin May Be Driven by Fiat Liquidity Cycles Rather Than the Halving
CoinOtag 2025-10-10 13:12:49
Arthur Hayes argues the Bitcoin 4-year cycle is no longer the dominant driver; instead, Bitcoin price moves have tracked fiat liquidity cycles — monetary tightening caused past drawdowns, while easing