Arthur Hayes： Bitcoin will first touch $110000 before backtesting $76500, and the tariff issue will not have a substantial impact BitMEX co-founder Arthur Hayes stated in a post that Bitcoin will first hit the $110000 level before backtesting the $76500 level. Hayes explained that the Federal Reserve is shifting from quantitative tightening (QT) to quantitative easing (QE) to support the US treasury bond bond market, and the tariff issue will not have a substantive impact, because inflation is only "temporary" - this is the information he got from the chairman of the Federal Reserve, Jay Powell.