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Arthur Hayes Explains How the FED Could Send Bitcoin to $1 Million

  • Former BitMEX co-founder Arthur Hayes believes that the Federal Reserve's monetary policy could drive Bitcoin to $1 million per coin.
  • Hayes states that Bitcoin's value is mainly determined by global fiat liquidity, with its price action increasingly tied to central bank policies.
  • He emphasizes that a change in Fed Chair Jerome Powell's recent statements suggests a shifting monetary landscape, making him 'extremely bullish' on crypto's trajectory.
  • Hayes previously predicted a $1 million Bitcoin price, but notes that it could also be $660,000, $500,000, or some other round number.

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