比特幣在美國政策、ETF動態的推動下飆升

領先的加密貨幣投資者阿瑟·海耶斯(Arthur Hayes) 預測，比特幣價格將大幅上漲，原因是財政部長珍妮特·耶倫(Janet Yellen) 領導的美國經濟政策可能會向經濟注入流動性。海耶斯強調，即將於4 月29 日宣布的流動性管理計劃可能會向市場注入高達1.4 兆美元，這可能會成為比特幣價格上漲的催化劑，特別是如果它包括TGA 減少1 兆美元而RRP 的話增加 4 億美元。

Bitcoin Bull Run Predicted Amid US Economic Policy and ETF Market Dynamics

美國經濟政策和 ETF 市場動態預測比特幣牛市

Renowned crypto investor Arthur Hayes has forecasted a potential surge in Bitcoin's price, attributing it to upcoming economic policy decisions in the United States. Hayes emphasized the significance of monitoring US Treasury Secretary Janet Yellen's actions, particularly regarding a liquidity management plan scheduled for release on April 29.

著名加密貨幣投資者阿瑟·海耶斯（Arthur Hayes）預測比特幣價格可能會飆升，並將其歸因於美國即將做出的經濟政策決定。海耶斯強調了監控美國財政部長珍妮特耶倫行動的重要性，特別是有關定於 4 月 29 日發布的流動性管理計劃的行動。

According to Hayes, the Federal Reserve's decision to maintain current interest rates may not directly impact Bitcoin or altcoins. However, he believes Yellen's role in regulating economic policies is crucial, especially in the context of the upcoming liquidity plan.

海耶斯表示，聯準會維持當前利率的決定可能不會直接影響比特幣或山寨幣。不過，他認為耶倫在調控經濟政策方面的作用至關重要，特別是在即將推出的流動性計畫的背景下。

Hayes highlighted two key liquidity sources, the Reverse Repurchase Agreement (RRPS) and the Treasury General Account (TGA), which could potentially inject up to US$1.4 trillion into the economy. This includes a decrease in TGA by US$1 trillion and RRPs by US$400 million, potentially stimulating the stock and crypto markets.

海耶斯強調了兩個關鍵的流動性來源，即逆回購協議（RRPS）和財政部普通帳戶（TGA），這可能為經濟注入高達 1.4 兆美元。這包括 TGA 減少 1 兆美元，RRP 減少 4 億美元，這可能會刺激股票和加密貨幣市場。

"If any of these three options happen, we can expect an increase in stocks and, more importantly, accelerate the bullishness of the crypto market again," Hayes stated. "Fed is irrelevant, Yellen is a strong woman, you should respect her."

海耶斯表示：“如果這三種選擇中的任何一種發生，我們可以預期股票會增加，更重要的是，會再次加速加密貨幣市場的看漲。” “美聯儲無關緊要，耶倫是女強人，你應該尊重她。”

Meanwhile, the Bitcoin ETF market is experiencing a temporary slowdown, which is deemed part of the natural cycle following Bitcoin ETF debuts. Bloomberg ETF analyst Eric Balchunas noted that despite a slowdown in the inflow of the iShares Bitcoin Trust (IBIT) from BlackRock, the product still possesses considerable growth potential.

與此同時，比特幣 ETF 市場正在經歷暫時的放緩，這被視為比特幣 ETF 推出後自然週期的一部分。彭博ETF分析師 Eric Balchunas指出，儘管貝萊德iShares比特幣信託(IBIT)的流入放緩，但該產品仍具有相當大的成長潛力。

IBIT currently ranks second in terms of Bitcoin assets under management, trailing only Grayscale Bitcoin Trust (GBTC). This suggests that the Bitcoin ETF market has ample room for further expansion.

IBIT 目前在管理的比特幣資產方面排名第二，僅次於灰階比特幣信託（GBTC）。這顯示比特幣ETF市場還有充足的進一步擴張空間。

In conclusion, Arthur Hayes' predictions indicate a potential upswing in Bitcoin's price, driven by anticipated liquidity injections from US economic policies. While the Bitcoin ETF market is experiencing a temporary slowdown, experts remain optimistic about its long-term growth prospects.

總之，阿瑟·海耶斯的預測表明，在美國經濟政策預期的流動性注入的推動下，比特幣價格可能會上漲。儘管比特幣 ETF 市場正在經歷暫時放緩，但專家仍對其長期成長前景感到樂觀。