# Arthur Hayes Says Bitcoin Rally May Depend on Banks, Not Just Fed

- Source: Bitcoin News
- Published: 2026-11-04T04:30:29+00:00
- Category: Markets
- Original: https://news.bitcoin.com/market-updates/arthur-hayes-says-bitcoin-rally-may-depend-on-banks-not-just-fed/
- Canonical: https://groundlevelnews.com/story/arthur-hayes-says-bitcoin-rally-may-depend-on-banks-not-just-fed-5d58a6/

Arthur Hayes linked bitcoin’s next rally to renewed dollar liquidity from commercial banks or the Federal Reserve. His near-term warning follows a longer-term bullish outlook that includes bitcoin eventually reaching $1 million and a money-creation-driven crypto bull run. Hayes Points to Banks Alongside the Fed Arthur Hayes, co-founder of cryptocurrency derivatives exchange Bitmex and chief […]

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