Trump’s ‘10% Gas Price Rule’ Will Decide Bitcoin’s Fate in 2026, Says Arthur Hayes
Bitcoin (CRYPTO: BTC) bull and BitMex co-founder Arthur Hayes says President Trump’s Venezuela move creates a simple trade: if liquidity increases while gas prices stay cheap, Bitcoin moons; if oil spikes, the rally dies.
The 10% Rule That Decides Elections
In his new essay, Hayes explains Trump’s 2026 midterm strategy in simple terms—print massive amounts of money to boost the economy and make voters feel rich, but keep gas prices from spiking so inflation doesn’t alienate them.
The former BitMEX CEO points to the “10% rule” that’s decided past elections: when national average gas prices rise 10% or more in the three months before an election compared to January of that year, control of the government switches parties.
That’s why Trump moved on Venezuela, according to Hayes. The country has the world’s largest proven …