Former Bitmex CEO Arthur Hayes outlined his bitcoin price forecast in a Medium post published last week. He also discussed the impact of spot bitcoin exchange-traded funds (ETFs) on the price of bitcoin. The U.S. Securities and Exchange Commission (SEC) is expected to approve multiple spot bitcoin ETFs early next week. The first variable is the Fed’s Reverse Repurchase Operations (RRPs) or revere repo. Hayes expects the RRP balance to hit $200 billion in early March. Noting that the market will then “wonder what is next,” he emphasized: “There needs to be another source of dollar liquidity supplied to keep the party going.
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Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
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RAIN
$0.012742
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LEO
$9.76
▲ +0.00%
ZEC
$509.97
▲ +3.10%
ADA
$0.199853
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XMR
$371.23
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WBT
$55.95
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LINK
$8.17
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XLM
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DAI
$1.00
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BCH
$214.69
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USD1
$0.999712
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USDE
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GRAM
$1.35
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BTC
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ETH
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USDT
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BNB
$590.96
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USDC
$0.999647
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XRP
$1.01
▼ -2.90%
SOL
$73.25
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TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
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USDS
$0.999926
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RAIN
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LEO
$9.76
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ZEC
$509.97
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ADA
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▼ -4.40%
XMR
$371.23
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WBT
$55.95
▼ -0.20%
LINK
$8.17
▼ -0.80%
XLM
$0.16032
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$214.69
▲ +0.10%
USD1
$0.999712
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
▲ +0.00%
RAIN
$0.012742
▲ +1.50%
LEO
$9.76
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ZEC
$509.97
▲ +3.10%
ADA
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XMR
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WBT
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▼ -0.20%
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XLM
$0.16032
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DAI
$1.00
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BCH
$214.69
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USD1
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GRAM
$1.35
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