|
BitMEX co-founder Arthur Hayes expressed his views on the divergent trends of Bitcoin (BTC) and the S&P 500 index (SPX) on social media. He noted that since the introduction of the spot Bitcoin ETF in the United States, their trends no longer move in sync.
Hayes suggested that the downward trend of Bitcoin may signal potential issues with future US dollar liquidity. He also emphasized that the next significant point of interest is the Treasury Department's refinancing announcement on January 31st. |
|