Arthur Hayes, co-founder of BitMEX, advised investors to go long on stocks, gold, and Bitcoin after the US Treasury announced a doubling of its debt buyback program. This move, described as soft yield curve control, aims to cap bond yields by injecting liquidity into markets. The 30-year Treasury yield immediately fell while Bitcoin broke above $70,000 and equities rose. Hayes, who says he is fully exposed to Bitcoin and Ethereum, views this intervention as the start of a permanent support cycle for scarce assets.
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