Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

Quick Summary:

Bitmex 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.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: Japan

Topics: European Central Bank Central Banks BTC Federal Reserve Bitcoin Markets and Prices Inflation Deflationary Money supply BitMex Bank of England Crypto Rate cuts Interest rates Arthur Hayes Bullish Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-01 @ 00:30:52 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 22314560

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 18 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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