Arthur Hayes, co-founder of BitMEX, has described the Federal Reserve's Reserve Management Purchase (RMP) program as a form of quantitative easing that could benefit scarce assets like Bitcoin. Announced by the Federal Open Market Committee on December 10, the RMP involves purchasing short-term Treasuries to maintain reserve levels, which Hayes interprets as a liquidity boost. Hayes suggests that this move indirectly supports Bitcoin, aligning with his view that increased liquidity favors assets with limited supply. On December 10, Bitcoin was priced at approximately $92,695 before experiencing a decline to $87,300 shortly thereafter.