Arthur Hayes Forecasts Bitcoin Boom Amid US Tariff Policies

Arthur Hayes, co-founder of BitMEX, has projected a significant increase in the value of Bitcoin (CRYPTO: BTC). This anticipated surge is linked to the tariff policies of President Donald Trump.

What Happened: On X Hayes stated that the sell-off of US treasuries and the rise in 10-year bond yields could trigger more money printing. This factor has been known to ignite significant Bitcoin rallies in the past.

Hayes also indicated that the devaluation of China’s yuan due to central bank money printing could encourage investors to transfer their wealth into Bitcoin as a safeguard.

Full story available on Benzinga.com