Arthur Hayes Says Treasury Buybacks Are Fueling a Bitcoin Bull Market

TLDR Arthur Hayes says expanded US Treasury bond buybacks are behind Bitcoin’s recent surge Bitcoin jumped from around $64,000 to above $80,000 after the August 19 buyback announcement Treasury will raise buyback limits to at least $4 billion per operation starting September 9 US spot Bitcoin ETFs took in $517 million on August 19, the [...]

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