Arthur Hayes Says USD Could Crash Under Trump, Bitcoin To Reach $1 Million!

Quick Summary:

He has expressed his view on how politics and financial markets interact in his article.  Notably, he foresees an impending crash of the United States dollar under Trump.

More debt means more inflation, which drives more demand for assets like Bitcoin.

When central banks inject liquidity, it often drives investors to pursue higher returns in alternative assets, which can lead to a rise in Bitcoin’s price.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United StatesChinaJapan

Topics: Crypto news News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 13:59:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23554894

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 18 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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