Arthur Hayes: USD liquidity is recharging, expect BTC weakness
Arthur Hayes said USD liquidity is recharging and that Bitcoin may stay weak until the Fed or banks grow their balance sheets.
Arthur Hayes@CryptoHayes · Context: COINMAG Newsroom
Key takeaways
- Hayes sees a rise in USD liquidity as a bearish signal for Bitcoin.
- He expects Bitcoin weakness to continue until central banks increase balance‑sheet growth.
- His comment underscores the ongoing relevance of macro‑economic policy for crypto markets.
Arthur Hayes, co‑founder of the former derivatives exchange BitMEX, posted on X on November 3, 2026 that the supply of US dollars is being replenished. He linked this macro‑trend to Bitcoin’s price, arguing that as long as the Federal Reserve or major banks do not expand their balance sheets, Bitcoin is likely to remain under pressure. Hayes’s view matters because he is a well‑known market commentator whose opinions have historically influenced trader sentiment, especially on the interplay between fiat liquidity and crypto price cycles.
“USD liquidity is recharging. Expect $BTC weakness until Fed and or Banks start growing their balance sheet.”
— Arthur Hayes (@CryptoHayes) on X · X ↗
Arthur Hayes is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.
COINMAG NewsroomStories researched and written by the COINMAG news desk from multiple independent reports.
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