November 23, 2024

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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest RatesBitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that while inflation may negatively impact some businesses, it would benefit […]