{"id":21087,"date":"2025-04-08T12:02:32","date_gmt":"2025-04-08T12:02:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21087"},"modified":"2025-04-08T12:02:32","modified_gmt":"2025-04-08T12:02:32","slug":"arthur-hayes-suggests-fed-or-chinas-pboc-will-spark-bitcoin-boom","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21087","title":{"rendered":"Arthur Hayes Suggests Fed or China\u2019s PBOC Will Spark Bitcoin Boom"},"content":{"rendered":"
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Arthur Hayes isn\u2019t sweating Bitcoin\u2019s recent drop. Instead, he is eyeing two potential catalysts that could push it back up: the U.S. Federal Reserve or China\u2019s central bank.<\/p>\n

The BitMEX co-founder is arguing that if the U.S. doesn\u2019t ease monetary policy, China\u2019s yuan devaluation will drive capital into the number one cryptocurrency.<\/p>\n

Bitcoin\u2019s Fate Tied to Central Bank Moves<\/h2>\n

In a series of posts on X, Hayes declared that either the Fed or the People\u2019s Bank of China (PBOC) will trigger the next crypto surge. According to him, the catalyst could be currency manipulation, capital flight, or monetary easing.<\/p>\n

Citing past trends, the analyst claimed that a devaluation of the yuan often drives Chinese investors toward Bitcoin. \u201cIt worked in 2013, 2015, and can work in 2025,\u201d he wrote<\/a>, warning his followers not to dismiss China\u2019s role in shaping crypto cycles. In both years, capital outflows from the Asian giant correlated with crypto rallies, and Hayes is betting on history to repeat itself.<\/p>\n

Bybit CEO Ben Zhou also echoed<\/a> this thesis, stating, \u201cWhenever RMB drops, a lot of Chinese capital flows into BTC. Bullish for BTC.\u201d<\/p>\n

The yuan recently weakened past a key psychological threshold of 7.20 per dollar, its lowest point since late 2023. On April 8, PBOC set its daily fixing at 7.2038, a move Bloomberg described<\/a> as easing its grip amid an intensifying trade war with the United States. This triggered a flurry of online commentary, with the Maelstrom Fund CIO dramatically amplifying<\/a> the message: \u201cCNY deval is on like Donkey Kong!\u201d<\/p>\n

However, other reactions were mixed. Some members of the crypto community questioned the scale of the effect, while others pointed to alternative safe havens like gold. Still, many echoed Hayes\u2019 optimism. \u201cDon\u2019t sleep in China, fam,\u201d one user wrote. \u201cIf it keeps dropping, Chinese investors might FOMO into Bitcoin like 2013 & 2015.\u201d<\/p>\n

Rollercoaster Week<\/h2>\n

BTC has endured quite a bit of volatility over the past few days. Last week, it swung from $81,500 to $88,500 before crashing hard to $74,000. The latest dip came when U.S. President Donald Trump escalated his trade war with China, threatening to slap an additional 50% tariff<\/a> on Chinese imports, pushing the total rate to over 100%.<\/p>\n

Rumors of a 90-day delay on the imposition of the taxes sparked a brief price hike, but when they were quickly debunked, the news sent Bitcoin tumbling<\/a> again. Hayes, however, didn\u2019t flinch. Even as the cryptocurrency slid below his previously suggested support at $76,500, he doubled down<\/a>, urging investors to buy the dip.<\/p>\n

Currently, BTC is trading a few dollars short of $79,000, having gained 4.2% in the last 24 hours. Still, the uptick hasn\u2019t been enough to overturn losses made across different periods, with the asset 8.1% in the red over the past month. While it also dipped 5.3% in seven days, its performance was slightly better than the broader crypto market which shed nearly 9% in that time.<\/p>\n

The post Arthur Hayes Suggests Fed or China\u2019s PBOC Will Spark Bitcoin Boom<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Arthur Hayes isn\u2019t sweating Bitcoin\u2019s recent drop. Instead, he is eyeing two potential catalysts that could push it back up: the U.S. Federal Reserve or China\u2019s central bank. The BitMEX co-founder is arguing that if the U.S. doesn\u2019t ease monetary policy, China\u2019s yuan devaluation will drive capital into the number one cryptocurrency. Bitcoin\u2019s Fate Tied […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21087","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21087"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21087\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}