In a new essay published on Monday, Arthur Hayes—renowned digital asset investor and former CEO of BitMEX—contends that the crypto market is poised to rally strongly in the first quarter of 2025 before topping out sometime in "mid to late March.” Hayes’s latest essay, titled "Sasa,” delves deep into several macroeconomic variables, including US Federal Reserve (Fed) policy, US Treasury General Account (TGA) balances, the Fed’s Reverse Repo Facility (RRP), and political uncertainty in Washington.
While Hayes believes "the high expectations for policy action out of the Trump camp set up the market for disappointment,” he maintains that any short-term negativity could be offset by a powerful "dollar liquidity impulse.” Related Reading: Crypto Trader Nets $17 Million From AI Coins: Here’s What He’s Buying Now Hayes underscores that the Fed’s RRP has been critical for Bitcoin’s price trajectory.
Why March Could Mark The Next Peak For Crypto "As we begin 2025, the question on crypto investors’ minds is whether the Trump pump can continue,” Hayes writes, referencing the initial optimism surrounding President Donald Trump’s second term.
The story "Crypto Market Will Peak In Mid To Late March, Predicts Arthur Hayes" has 932 words across 76 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Crypto Market Will Peak In Mid To Late March, Predicts Arthur Hayes" was covered 1 days ago by NewsBTC, a news publisher based in United Kingdom.
How trustworthy is 'NewsBTC' news outlet?
NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United Kingdom and publishes an average of 6 news stories per day.
It's most recent story was published 9 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
