Bitcoin’s 2025 Decline Was a Liquidity Event, Not a Failure

Arthur Hayes claimed in a new post that Bitcoin (BTC) needs dollar liquidity to move in 2026. According to him, in 2025, liquidity tightening is the reason for Bitcoin to fall by 14.4%. In Hayes perspective, the gap came from policy. Capital stayed in gold and AI-linked stocks while crypto lost support. He expects this […] Read The Full Article Bitcoin’s 2025 Decline Was a Liquidity Event, Not a Failure On Coin Edition.