Bitcoin (BTC) could flip full bull thanks to the US government, predicts Arthur Hayes, former CEO of crypto exchange BitMEX. With US treasury yields "screaming higher," Hayes believes a macroeconomic flashpoint is imminent. The current steep rise in the 2s30s curve, combined with rising long and short-term interest rates, is increasing pressure across the economy. Hayes expects a return to mass liquidity injections, counteracting the quantitative tightening seen since late 2021, which has pressured crypto markets. This week, the 30-year US government bonds yield hit 5% for the first time since August 2007, before the Global Financial Crisis.