BitMEX co-founder Arthur Hayes says he’s preparing for a massive Bitcoin and crypto rally as the Biden Administration fights to keep contagion from spreading through the American banking system.

In a series of tweets, Hayes says he believes the Federal Reserve will be forced to completely stop its rate hikes and begin to inject money back into the system, paving the way for an influx of capital into risk assets and particularly the crypto markets.

"That's a fucking savage move in the 2yr. In case you think this is something other than what it is. The bond market is saying it's back to print dat money mode. Don't fight the Fed!!!!"

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