BlockBeats News, January 15 — Arthur Hayes stated in his latest article “Frowny Cloud”:
"Although the gains are not as significant as gold, Bitcoin’s performance in 2025 is actually completely in line with expectations; it has done what it was supposed to do.
If Bitcoin performs poorly in 2025, it’s entirely a liquidity story, as it declines along with dollar liquidity. Gold and the Nasdaq are able to rise against the trend because they are driven by stronger non-liquidity factors (sovereign de-dollarization + AI quasi-nationalization). But if in 2026 dollar liquidity expands significantly as expected (Federal Reserve restarts money printing + commercial banks strategically lend + real estate leverages again), then Bitcoin will rebound strongly when it’s time to do so.
The current outlook is: Trump will aggressively push credit to ‘make the economy hot.’ A super-hot economy will help the Republican Party in the November elections this year, and it is expected that dollar credit will expand through the following means:
· The Federal Reserve’s balance sheet expands again (money printing)
· Commercial banks flood ‘strategic industries’ with liquidity
· Mortgage rates decline due to money printing"
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Hovers Near $67,000 Amid US Political Turmoil and Soaring Energy Prices
Bitcoin traded mostly flat on April 3, hovering near $67,000 despite sharp geopolitical and political developments. The cryptocurrency’s relative stability kept its market cap steady at $1.34 trillion and liquidations low at $31 million.
Political Turbulence Overshadows Conflict
Bitcoin traded
Coinpedia12m ago
Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market
Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.
CryptoNewsLand2h ago
Bitcoin Treasury Company Strategy Split: Nakamoto Holdings Cuts Its Position to Take Profit, Strategy Holdings Remain Unchanged
On April 3, under market pressure, Bitcoin Treasury Company adopted different strategies: Nakamoto Holdings sold 284 bitcoins to adjust its balance sheet, while Strategy kept 762,000 BTC untouched. New Hampshire plans to issue Bitcoin-backed municipal bonds, expected to raise $100 million. CoinShares merged with Vine Hill Capital and listed on Nasdaq.
GateNews2h ago
In the past 24 hours, liquidations across the entire network totaled $136 million, with both longs and shorts getting squeezed.
According to CoinGlass data, on April 3 the total crypto market liquidation amount within 24 hours reached $136 million, affecting 91,285 people. Of this, BTC and ETH liquidations were $33.7147 million and $23.7248 million respectively, and the largest single liquidation was $8.9259 million.
GateNews3h ago
