Arthur Hayes reiterates 'no trade zone' view, says BTC needs Fed liquidity to rally

BitMEX co-founder Arthur Hayes has reiterated his view that the current market is a "no trade zone." He stated that while BTC's price might rebound slightly if the current situation reverts to its pre-war state, a deflationary bomb driven by artificial intelligence remains a potential threat. Hayes stressed that BTC will not see a meaningful rise until the Federal Reserve (Fed) supplies enough liquidity to plug the holes in bank balance sheets. He previously expressed a similar view last month.