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24h Vol
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Cryptocurrencies
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Bitcoin Share
The Defiant 2025-01-07 20:54:29

Arthur Hayes Predicts Ongoing Trump Pump To Last Until End of Q1 2025

Arthur Hayes Predicts Ongoing Trump Pump To Last Until End of Q1 2025

In a Jan. 7. blog post , former BitMex CEO Arthur Hayes claimed that the ongoing “Trump pump” could last until the end of Q1 2025 at the very least, likely due to liquidity injections from the U.S. Federal Reserve (Fed) and the U.S. Treasury Department. According to Hayes, The Fed and the U.S. Treasury Department could inject $617 billion of dollar liquidity into the global financial market in the first quarter of 2025. Hayes believes this will prevent any letdown by the Trump team and his proposed pro-crypto and pro-business legislation. Hayes's latest essay backtracks statements from his last essay, in which he claimed that members of the crypto industry who expected pro-crypto legislation once the Trump administration was sworn in were in for a rude awakening. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Market Cap
24h Vol
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