Arthur Hayes likes tariffs because printed money is good for Bitcoin.
Arthur Hayes, the co -founder of Bitmex, says Donald Trump’s tariffs can make the world economy less in some ways, but the same confusion can be exactly what Bitcoin needs for the rally.
Hayes said on the April 3 X POST: “Global imbalance will be fertilized and printed.
Some factors contribute to the potential pump of Bitcoin
Hayes said, “Some of you operate Scurred, but I like tariffs.
His opinion has come a day after the Trump administration announced that it would hit all countries with 10%tariffs from April 5, and some countries face 34%of tariffs, 20%of the European Union and 24%in Japan.
Hayes explained that tariffs have a positive impact on Bitcoin (BTC) prices for various reasons.
Bitcoin is trading for $ 83,150 at the time of publication. source: Coinmarketcap
He said that foreign investors continued to sell US stocks and “weakened” as “DXY” as “bringing money home.”
According to Kobeissi Letter, a trade resource account, on April 3, it showed “Up to 1 Days of NASDAQ 100 in history.”
Kobeissi Letter said, “The index has lost a total of -1060 points and has dropped 1.5% to trigger the first circuit breaker since March 2020.
“This is good for BTC and gold in the middle.”
Hayes also said that the strict tariffs deployed in China could weaken comfort. Hayes said, “As a 65%effective tariff was imposed, China could respond by allowing CNY to pass 8.00.
Weak comfort can be forced to preserve wealth by preserving dangerous assets such as Bitcoin.
Meanwhile, Hayes said, “We need to relax the Fed.”
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He explained that it is a signal that the Federal Reserve Bank is expected to reduce interest rates in the market and potentially quantitatively relax (QE) will offset the negative economic impact.
The Fed interest rate cuts increase liquidity, creating more attractive to investors with dangerous assets such as passwords.
source: Arthur Hayes
Meanwhile, Jeff Park, head of Alpha Strategic at Bitwise Invest, argued that Trump’s tariffs will ultimately help Bitcoin.
On February 3, he said, “In the world with weak dollars and US rates, US risk assets will go beyond the greatest imagination.
On February 3, Parks said, “We had a bookmark of this book and the financial war was solved.”
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This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.
