Bitcoin Potentially Set for $110,000 Rally Amid Easing US Monetary Policy, Claims Arthur Hayes
The post Bitcoin Potentially Set for $110,000 Rally Amid Easing US Monetary Policy, Claims Arthur Hayes appeared on BitcoinEthereumNews.com.
Bitcoin’s trajectory appears promising, with predictions of a rise to $110,000 fueled by improving monetary conditions in the US. This optimism comes alongside recent developments in the decentralized finance (DeFi) sector, where significant challenges continue to arise. Arthur Hayes, former BitMEX CEO, stated, “I bet $BTC hits $110k before it retests $76.5k.” Arthur Hayes predicts Bitcoin could reach $110,000 amid easing US monetary policy, while DeFi faces challenges following a $6 million exploit. Bitcoin’s Potential Surge to $110,000 Amid Monetary Shifts Market sentiments have shifted positively towards Bitcoin as analysts underscore a potential rally towards $110,000. This speculation is largely influenced by a change in the US Federal Reserve’s monetary policy. Observers cite easing inflation and increased liquidity in the market as conducive factors that could propel Bitcoin upward, potentially leading it to break its previous all-time highs. As of March 23, Bitcoin has shown bullish behavior, closing above $86,000 for two consecutive weeks, a sign that investor confidence is on the rise. Hayes emphasized the importance of monetary policy, explaining, “The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause of ‘transitory inflation.’” His insights suggest that the transition from Quantitative Tightening (QT) to Quantitative Easing (QE) may influence investor behavior significantly. While some analysts support Hayes’s bullish view, others remain cautious. Benjamin Cowen, founder of IntoTheCryptoVerse, remarked, “QT is not ‘basically over’ on April 1st,” which indicates that the current economic environment remains complex. The Role of DeFi in Current Market Dynamics Despite Bitcoin’s optimistic outlook, the DeFi sector is grappling with its hurdles. A recent incident involving a crypto whale exploiting Hyperliquid has led to over $6 million in profits from a memecoin short position. The adaptability and resilience of crypto markets are put to the test as such events unfold. According…
Filed under: News - @ March 29, 2025 12:28 am