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Arthur Hayes Views Fed’s RMP as Potential QE, Favoring Bitcoin and Scarce Assets

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Arthur Hayes, co-founder of BitMEX, calls the Fed’s RMP a form of quantitative easing that boosts liquidity and favors scarce assets like Bitcoin. The RMP, announced by the FOMC on December 10, involves buying short-term Treasuries to maintain reserve levels. Hayes sees this as indirect support for Bitcoin. Bitcoin analysis shows the price was around $92,695 on December 10 before falling to $87,300 shortly after.
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