Arthur Hayes New Post: Expect Trump to Prime the Pump for Election Resilience, Bitcoin to Surge Alongside USD Liquidity Comeback

BlockBeats News, January 15th, Arthur Hayes stated in his latest article "Frowny Cloud":

"Although not as impressive as gold, Bitcoin's performance in 2025 actually met expectations, it did what it was supposed to do.

Bitcoin's poor performance in 2025 was entirely a liquidity story, as it fell along with the USD liquidity. The reason why gold and the Nasdaq were able to rise against the trend is that they have stronger non-liquidity-driven factors behind them (sovereign de-dollarization + AI quasi-nationalization). But if USD liquidity expands significantly as expected in 2026 (Fed restarts money printing + commercial banks strategically lending + real estate leveraging up again), then when Bitcoin is supposed to rebound, it will be very strong.

His current judgment is: Trump will vigorously promote credit to 'heat up the economy.' A super hot economy will help the Republican Party in the re-election in November this year, and USD credit is expected to expand in the following ways:

· Fed balance sheet expansion again (money printing)

· Commercial banks generously lending to "strategic industries"

· Mortgage rates fall due to money printing"