U.S. Treasury’s Influence on Crypto Market Dynamics

Arthur Hayes, former CEO of BitMEX, highlights the growing importance of the U.S. Treasury Department in shaping crypto market dynamics. He suggests that the real authority behind global liquidity lies with the Treasury, not the Fed. According to Hayes, expanding money supply will directly impact cryptocurrency markets. The strategies employed by U.S. Treasury Secretary Scott Bessent are crucial for managing this growing debt burden.