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Why Arthur Hayes Is Bullish on Bitcoin Under Trump’s Economic Strategy

  • The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trump’s strategic crypto reserve announcement.
  • Arthur Hayes, former CEO of BitMEX, argues that Trump’s economic strategy could have a significant impact on Bitcoin and the broader cryptocurrency market.
  • Hayes believes that Trump's approach of extensive debt issuance will require the Federal Reserve to increase money supply and lower interest rates, which historically has been favorable for Bitcoin.
  • Hayes predicts that potential liquidity injections triggered by the reformulation of US debt and a recession induced by spending cuts could lead to a Bitcoin rally and a possible price increase of up to $1 million during Trump's presidency.

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