{"id":127610,"date":"2025-04-21T12:19:35","date_gmt":"2025-04-21T12:19:35","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127610"},"modified":"2025-04-21T12:19:35","modified_gmt":"2025-04-21T12:19:35","slug":"bitcoin-rally-above-100k-may-follow-us-treasury-buybacks-arthur-hayes","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127610","title":{"rendered":"Bitcoin rally above $100K may follow US Treasury buybacks \u2014\u00a0Arthur Hayes"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsInvestors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world\u2019s first cryptocurrency.<br \/>\nThis might be the \u201clast chance\u201d to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.<br \/>\n\u201cSeriously fam, this might be the last chance you have to buy $BTC &lt; $100k,\u201d Hayes said in an April 21 X post, hinting at incoming \u201ctreasury buy backs\u201d as the \u201cBazooka\u201d for Bitcoin\u2019s price trajectory.<br \/>\nSource: Arthur HayesTreasury buybacks refer to the US Treasury Department repurchasing its outstanding bonds from the open market to increase liquidity, manage federal debt or stabilize interest rates.<br \/>\nThese operations can inject liquidity into the financial system, often benefiting risk assets like Bitcoin.<br \/>\nRelated: Bitcoin up 33% since 2024 halving as institutions disrupt cycle<br \/>\nOther analysts predicted that the growth of the fiat money supply will be Bitcoin\u2019s main catalyst in 2025.<br \/>\nBTC projection to $132,000 on M2 money supply growth. Source: Jamie CouttsThe growing money supply may push Bitcoin\u2019s price above $132,000 before the end of the year, according to Jamie Coutts, chief crypto analyst at Real Vision.<br \/>\nHowever, global trade war concerns may limit investor appetite until the US and China reach a trade agreement.<br \/>\nRelated: Metaplanet tops $400M Bitcoin holdings with new $28M purchase<br \/>\nUS dollar sinks to 2022 low, Bitcoin gains momentum<br \/>\nBitcoin briefly rose above $87,700 for the first time in nearly three weeks, since US President Donald Trump announced reciprocal import tariffs on April 2.<br \/>\n\u201cLooks like Bitcoin is pumping on continued Dollar weakness,\u201d wrote Andr\u00e9 Dragosch, the European head of research at Bitwise, adding that the US Dollar Index \u201cjust touched the lowest level since March 2022.\u201d<br \/>\nBTC, DXY, 1-year chart. Source: Cointelegraph\/TradingViewThe weakening US dollar may reinforce Bitcoin\u2019s appeal as a safe-haven asset, Ryan Lee, chief analyst at Bitget Research, told Cointelegraph, adding:<br \/>\n\u201cStrong volume and technical confirmation from a descending wedge breakout suggest a potential test of the $90,000 resistance, with macro factors like a weakening dollar and rising gold correlation reinforcing BTC\u2019s appeal as a hedge.\u201d<br \/>\nDespite the recent correction, Japanese and UK-based investment firms are investing hundreds of millions into Bitcoin, signaling continued institutional adoption that may accelerate Bitcoin\u2019s four-year cycle.<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<br \/>\nMagazine: SCB tips $500K BTC, SEC delays Ether ETF options, and more: Hodler\u2019s Digest, Feb. 23 \u2013 March 1<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-rally-may-follow-us-treasury-buybacks?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsInvestors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127610"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127610"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127610\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127610"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}