PANews reported on April 23 that Arthur Hayes, co-founder of BitMEX, said that Trump may push tariffs again in the future, but Bitcoin will not be affected like tech stocks. Bitcoin will benefit from high debt levels and deflationary policies that are difficult to maintain. He believes that the Treasury's debt repurchase program provides liquidity to the market, allowing Bitcoin to find support in uncertainty. It is expected that Bitcoin may rise all the way to $200,000 after breaking through $110,000, which may trigger a trend from Bitcoin to other cryptocurrencies and start a new "altcoin season."