WuBlockchain Weekly: US Fiscal Policy Boosts Bitcoin and Gold, Solana Tokenomics Proposal, and Trump-Linked Crypto Losse
Arthur Hayes suggests that US Treasury Secretary Scott Bessent's liquidity-injecting measures, including expanded buybacks and TGA fund deployment, are fueling a new Bitcoin bull market. GSR reports that Bitcoin surged 25% last week, breaking its $60,000–$70,000 range to reach $79,000, with $4.6 billion in short liquidations. While BTC and ETH lead the rally, altcoin performance remains limited. Wintermute maintains a moderately optimistic outlook as spot ETFs for BTC and ETH see significant net inflows.