Bitcoin may have already passed its price bottom, according to BitMEX co-founder Arthur Hayes, who linked the outlook to the sharp rise in U.S. debt. Hayes said the government’s heavy debt burden could push policymakers toward de facto yield curve control (YCC), a policy that limits how high government bond yields can rise. He argued that suppressing Treasury yields would ultimately increase the money supply, creating a favorable liquidity backdrop for Bitcoin and altcoins. Cointelegraph reported the remarks on August 29.