Arthur Hayes Says Bitcoin’s Value Depends on Money Supply, Not Interest Rates

Arthur Hayes has barely traded this year. The BitMEX co-founder described the first quarter of 2026 as a “no-trade zone,” with his fund doing almost nothing beyond slowly building its Hyperliquid position. The reason behind it is a specific conviction about what drives Bitcoin’s price and a view that the current environment has not yet […] Read The Full Article Arthur Hayes Says Bitcoin’s Value Depends on Money Supply, Not Interest Rates On Coin Edition.