Arthur Hayes Cites ‘Money Printing’ As Key Factor For Bitcoin Becoming The ‘Best Performing Asset’ In History
Posted On October 1, 2024
Former BitMEX CEO Arthur Hayes sees the current crypto market in a bullish phase, driven primarily by global monetary policy rather than regulatory developments.
What Happened: In a recent interview, Hayes emphasized that money printing, not regulation, has been the key factor behind Bitcoin’s (CRYPTO: BTC) rise as “the best performing asset in human history.”
Hayes expects interest rates to fall below 2% by early 2025, citing potential election turmoil in the U.S. and a manufactured debt ceiling crises. He believes this will fuel further crypto gains, “As we print …
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