Arthur Hayes predicts Treasury buybacks will drive Bitcoin beyond $110k, potentially reaching $200kHayes sees a structural setup similar to the third quarter of 2022, when Bitcoin rose nearly sixfold during the subsequent liquidity surge.
Happy Thursday!Bitcoin is stealing the spotlight once again as former BitMEX CEO Arthur Hayes sees US Treasury buybacks fueling a liquidity surge that could catapult Bitcoin past $110,000, and possibly all the way to $200,000, echoing the explosive rally of late 2022. As Bitcoin rockets past $94,000, over $650 million in shorts have been liquidated, leaving bears reeling in the wake of this historic move. Meanwhile, Riot Platforms is leveraging its $1.8 billion Bitcoin treasury for a $100 million Coinbase loan, signaling bold new strategies as the industry adapts to rapid change. Dive into today’s top stories to see what’s driving crypto’s next big chapter. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $2.92 trillion, with a 24-hour volume of $95.42 billion. The price of Bitcoin is $93,244.71, and BTC market dominance is 63.4%. The price of Ethereum is $1,770.69, and ETH market dominance is 7.3%. The best-performing sector is Bitcoin Ecosystem, which gained 10%. The Crypto Fear & Greed Index is currently Greed (63). 📰 Top NewsArthur Hayes predicts Treasury buybacks will drive Bitcoin beyond $110k, potentially reaching $200kHayes sees a structural setup similar to the third quarter of 2022, when Bitcoin rose nearly sixfold during the subsequent liquidity surge. Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the marketShorts accounted for half of the losses seen in the past 24 hours as Bitcoin's surge past $94,000 leads to mass liquidations. Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loanRiot Platforms charts path for strategic growth with novel Bitcoin-backed loan amidst industry headwinds. Ad: TRON Network Surpasses $70 Billion in Circulating USDTSurpassing $70 billion USDT, TRON's scalable and cost-effective infrastructure solidifies its role in the stablecoin economy, especially in emerging markets. 📈 Latest Insights
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Kamis, 24 April 2025
Arthur Hayes predicts Treasury buybacks will drive Bitcoin beyond $110k, potentially reaching $200k
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