Arthur Hayes on Bitcoin & Fed Policy
Arthur Hayes argues that the Fed’s new Reserve Management Purchases are effectively QE under a different name. He believes these actions could flood the market with liquidity, creating conditions that may push $BTC toward $200,000 in 2026.
According to Hayes:
The Fed’s liquidity tools, though not labeled QE, function similarly by expanding available capital.
This environment, combined with continued institutional interest, could be a major catalyst for Bitcoin’s next major bull run.
