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October 10, 2025CoinOtag logoCoinOtag

Arthur Hayes Says Bitcoin May Be Driven by Fiat Liquidity Cycles Rather Than the Halving

Arthur Hayes Says Bitcoin May Be Driven by Fiat Liquidity Cycles Rather Than the Halving
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Arthur Hayes argues the Bitcoin 4-year cycle is no longer the dominant driver; instead, Bitcoin price moves have tracked fiat liquidity cycles — monetary tightening caused past drawdowns, while easing

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