Arthur Hayes, the Chief Investment Officer at Maelstrom Fund, discussed with Benzinga the potential positive impact of rising oil prices and treasury yields on Bitcoin (BTC). He highlighted the unusual spike in yields on the 10-year Treasury note during a "risk-off" situation, reaching a 3-week high of 4.143%. This increase was influenced by the Middle East war, which elevated oil prices while causing a downturn in stocks and cryptocurrencies. Hayes pointed out that the surge in oil prices disrupted usual investor behavior, leading to increased volatility in the U.S. Treasury bond market as the 10-year Treasury price declined. This scenario may present a favorable situation for Bitcoin based on historical trends over the past 5 years.