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Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge

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Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge - NewsBTC

Quick Summary:

In his latest blog post, titled "KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump.

By cutting federal budgets so drastically and so quickly, Trump could—in Hayes’s words—"cause a recession or convince the market that one is right around the corner.” Related Reading: Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?

Powell, whom Hayes dubs a "turncoat traitor” (a reference to the Fed’s past rate cut during Kamala Harris’s campaign), is nonetheless bound by the Fed’s mandate to maintain economic stability.Hayes points to $2.08 trillion in US corporate debt and $10 trillion in US Treasury debt that must roll over in 2025.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 14:00:05 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 980 words

Reading Time: 6 minutes read

Sentences: 79 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 26663237

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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