In a manner as beguiling as a chess master’s gambit, Arthur Hayes—the ever whimsical co-founder of BitMEX—prophesies that Bitcoin is on the threshold of a most audacious bullish escapade. One might almost hear the rustle of ancient paper money whispering secrets of digital revelry, as modest gains tease the senses.
On that illustrious April day, Bitcoin (BTC), like a dashing rogue slipping through the twilight, ascended triumphantly above the hallowed $83k mark. Yet, despite its audacity, the digital maverick remained ever so delicately exposed amid the tempestuous ballet of broader risk assets. 😊
Crypto.news, that oracle of our peculiar age, noted that BTC flirted with peaks of $83,200 across myriad crypto bazaars. Alas, these ephemeral intraday elevations danced in concert with stock markets, which, much like frazzled aristocrats at a gala, swooned amid incessant tariff anxieties.
Even as the dollar index languidly dipped into realms of indifference, Hayes, our irrepressible crypto veteran, maintained his perspicacious buoyancy regarding BTC. In a tweet—no, rather a witty soliloquy on X—he alluded to the soaring U.S. 10-year Treasury yield, a specter that seemed poised to meddle with policy as if it were a mischievous sprite.
20 ET on April 11, Bitcoin pirouetted at a delicate $82,346—a number as enigmatic as it was whimsical.
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2025-04-11 19:43