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Bitcoin Surge Imminent? Arthur Hayes Links War-Fueled Inflation To Crypto Boom

  • Arthur Hayes, co-founder of BitMEX, believes that the current geopolitical tensions in the Middle East may push Bitcoin to rise higher.
  • Hayes argues that increased government spending and inflationary monetary policy resulting from war-time expenditures can weaken traditional fiat currencies and benefit Bitcoin as a hedge against inflation.
  • He draws a parallel between the '73 energy crisis and the behavior of gold as a hard asset during growing inflationary levels, suggesting that Bitcoin, often called 'digital gold,' could experience significant growth due to inflationary forces.
  • Hayes cautions investors to manage risks and preserve capital amid geopolitical tensions, but remains optimistic about Bitcoin's long-term growth potential as a store of value during uncertain times.

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