“SASA” - A New Essay by Arthur Hayes
Former BitMEX CEO Arthur Hayes has published a new essay titled “SASA,” in which he revises his forecasts regarding investors’ overly optimistic expectations of Donald Trump’s pro-crypto policies.
Hayes believes the risk of a correction due to the insufficient effectiveness of measures by the new U.S. president’s administration persists. However, this risk may be outweighed by more significant factors affecting dollar liquidity.
According to the author, attention should be paid to the Federal Reserve and the U.S. Treasury, whose actions could drive the crypto market to its peak as early as spring 2025.