Bitcoin and ‘selected shitcoins’ will rise – Arthur Hayes explains why

Arthur Hayes argues that Bitcoin and a select group of altcoins could rise as global liquidity expands, particularly if governments respond to economic weakness with increased fiscal spending and monetary easing. He expects capital to flow first into Bitcoin as the most established cryptocurrency, with gains potentially spreading to stronger or more narrative-driven “shitcoins.” The implication is that Bitcoin’s outlook is increasingly tied to global liquidity and policy conditions, though the broader altcoin rally would likely be selective rather than market-wide.