Bitcoin Can Ignore The Presidential Election As Noise, Says Arthur Hayes
Posted On November 4, 2024
BitMEX co-founder Arthur Hayes opined that the upcoming presidential election is just a distraction from Bitcoin‘s (CRYPTO: BTC) long-term bullish trend.
What Happened: Cited by pseudonymous trader ‘Arndxt’ on X on Monday, Hayes predicts that a wave of liquidity from global central banks to fuel the next surge in cryptocurrency markets
He suggests that Bitcoin’s superior liquidity makes it a safer choice over altcoins, especially as China’s potential monetary easing could further boost crypto markets.
The Bitcoin bull also anticipates the Federal Reserve’s …
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