Arthur Hayes Warns Bitcoin May Stall Until Liquidity Returns
Bitcoin.com News·60-word summary·1 min read
Arthur Hayes warns that Bitcoin's growth may stall until liquidity returns to banks and credit markets, as macro stress increases. He emphasizes that Bitcoin’s short-term upside depends more on fiat liquidity than interest rates. With geopolitical tensions adding bearish pressure, Hayes suggests that policy-driven liquidity injections are crucial for Bitcoin’s future momentum.
Ethereum has broken key resistance levels, with prices surpassing $2,300, signaling a potential recovery. Technical analysis shows ETH's move above the 100-day moving average and a bullish breakout from a rising triangle pattern. Institutional demand is returning via US Spot Ethereum ETFs, with inflows of nearly $276 million, supporting the bullish outlook.
Bitcoin ETFs experienced $996 million in weekly inflows, the highest since January, indicating growing institutional interest. This surge may boost market optimism despite ongoing geopolitical risks. The inflows highlight increased confidence in Bitcoin investment products, reflecting a positive trend in the crypto market as institutions continue to allocate funds into Bitcoin ETFs.
Ripple’s XRP surged 6.9% to $1.4235 on April 18, driven by renewed ETF inflows and hopes for clearer U.S. regulations. XRP outperformed Bitcoin and Ethereum, reclaiming the No. 4 market cap spot. The rally reflects increased institutional interest and positive sentiment despite macroeconomic uncertainties, boosting XRP’s weekly gains and market position.
XRP ETFs have seen a record $1.5 billion inflow, marking a significant shift toward institutional investment. Over 769 million XRP tokens are now locked in ETF custody arrangements, reflecting growing institutional interest in the digital asset. Ripple executives have responded positively to this development, highlighting the increasing mainstream adoption of XRP within the financial sector.
Bitcoin's market position is stronger than ever, supported by increased institutional involvement and regulatory improvements that boost liquidity. John D’Agostino highlights that exchanges play a crucial role in price discovery. These developments reflect ongoing positive momentum for Bitcoin, emphasizing the importance of regulatory clarity and active trading platforms in maintaining its market strength.
Ethereum is gaining momentum, outperforming Bitcoin amid increased ETF flows and on-chain activity, sparking speculation about its role as a hub for meme coins. The trend follows Asteroid Shiba becoming Elon Musk’s mascot, raising questions about Ethereum’s future in the meme coin space. As of April 2026, ETH’s resilience suggests it may solidify its position in the evolving crypto landscape.