Arthur Hayes: BTC may get rid of its association with technology stocks, and BTC may rise all the way to $200,000 after breaking through $110,000

On April 23rd, Arthur Hayes, co-founder of BitMEX, said that Trump may push the tariff policy again in the future, but Bitcoin will not be affected like technology stocks. Bitcoin will benefit from the high debt level and the deflationary policy is difficult to maintain. He believes that the Treasury's debt repurchase program has provided liquidity to the market, allowing Bitcoin to find support in the uncertainty. It is expected that Bitcoin may climb all the way to $200,000 after breaking through $110,000, which may trigger the trend of switching from Bitcoin to other cryptocurrencies and start a new "counterfeit products coin season".