tldr; Arthur Hayes, former BitMEX CEO, suggests that potential Federal Reserve intervention to support the Japanese yen could lead to increased dollar liquidity, weakening the dollar index (DXY) and boosting Bitcoin and other cryptocurrencies. Hayes theorizes that the Fed and U.S. Treasury might create dollar reserves to stabilize Japan’s bond market, indirectly benefiting risk assets like Bitcoin. While his hypothesis remains unconfirmed, he believes such actions could drive asset price inflation, with traders closely monitoring Fed data for signs of this scenario.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
don’t give me hope OP
admin_default on
All the stupid shit these influencers say should be logged on a blockchain forever as a public record of their trustworthiness.
Arthur Hayes’ batting average is like 0.002
Gangaman666 on
Maybe it will… Maybe it won’t…
I don’t care I’m still stacking sats… 😎
Bestcon on
Look at Gold! Keeps going up. But BTC? Keeps dipping. Struggling to breach $90k! wtf 🤬
Extreme-Benefyt on
Japan is also strong on BTC, so we might see something
9 Comments
tldr; Arthur Hayes, former BitMEX CEO, suggests that potential Federal Reserve intervention to support the Japanese yen could lead to increased dollar liquidity, weakening the dollar index (DXY) and boosting Bitcoin and other cryptocurrencies. Hayes theorizes that the Fed and U.S. Treasury might create dollar reserves to stabilize Japan’s bond market, indirectly benefiting risk assets like Bitcoin. While his hypothesis remains unconfirmed, he believes such actions could drive asset price inflation, with traders closely monitoring Fed data for signs of this scenario.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
don’t give me hope OP
All the stupid shit these influencers say should be logged on a blockchain forever as a public record of their trustworthiness.
Arthur Hayes’ batting average is like 0.002
Maybe it will… Maybe it won’t…
I don’t care I’m still stacking sats… 😎
Look at Gold! Keeps going up. But BTC? Keeps dipping. Struggling to breach $90k! wtf 🤬
Japan is also strong on BTC, so we might see something
Or it may not.Â
It also may fall, who knows?
50/50, eventually you’ll hit jackpot