Arthur Hayes: BTC may break away from its association with technology stocks, and BTC may rise all the way to $200,000 after breaking through $110,000

On April 23rd, BitMEX co-founder Arthur Hayes stated that Trump may push for tariff policies again in the future, but Bitcoin will not be affected like tech stocks. Due to high debt levels and difficulty in maintaining deflationary policies, Bitcoin will benefit from it. He believes that the Treasury Department's debt repurchase plan provides liquidity to the market, allowing Bitcoin to find support in uncertainty. It is expected that Bitcoin may soar to $200,000 after breaking through $110,000, which may trigger a trend of shifting from Bitcoin to other cryptocurrencies, opening a new "altcoin season".