Arthur Hayes says Trump no longer has power to move BTC

BitMEX co-founder Arthur Hayes said in an interview with Cointelegraph that U.S. President Donald Trump no longer has the power to move Bitcoin prices. Hayes said Trump is a highly entertaining politician, but the crypto market now moves on actual liquidity rather than political issues, and presidential remarks no longer shake order books the way they once did. The interview also covered market share risks tied to Hyperliquid (HYPE), the possibility that exchanges other than BitMEX could shut down, Hayes' new project FLOP, and the outlook for political and celebrity memecoins.