Gate News, April 6, Arthur Hayes said on the Coin Stories podcast that he currently will not put the last dollar into Bitcoin because the Federal Reserve has not yet been forced to expand liquidity. Hayes believes tariff policies will cause inflation and may prompt the United States to move toward capital controls, which would become a huge liquidity catalyst for Bitcoin. Hayes compared Bitcoin’s long-term target price for this cycle to remain between $250k and $750k, but warned that if the conflict between Iran and the U.S. persists, Bitcoin in the short term could fall below $60k. In addition, Charles Schwab confirmed that it will offer direct spot trading in Bitcoin and Ethereum via new accounts in the first half of 2026. Research by the Mercado Bitcoin study shows that within 60 days after major global shocks, Bitcoin has consistently outperformed gold and the S&P 500 index. At the moment, the Bitcoin price has rebounded to around $67,300, while the Crypto Fear and Greed Index has been in an extreme fear range for several weeks.