Crypto – Arthur Hayes offers a ‘perfect opportunity’ to invest
According to Arthur Hayes, co-founder of BitMEX, the next few months provide a great opportunity to stock up on crypto before the bull market hits.
“Those people who want to allocate fiat and more money to crypto, this is the perfect opportunity to do so,” Hayes said in an exclusive interview with Cointelegraph, referring to the current rangebound market.
According to Hayes, inflationary monetary policies will play a major role in boosting Bitcoin (BTC) and the broader cryptocurrency market later this year.
“Major economies around the world are going to print more money between now and the next 18 to 24 months,” Hayes predicted.
According to Hayes, the upcoming US presidential election will be a big boost for crypto, as the country's financial authorities are encouraged to implement looser monetary policies, possibly to support the re-election of President Joe Biden.
In the past, periods of monetary expansion have led to crypto market rallies.
“When you control the public purse, it's very easy to do that by printing money, borrowing it, and distributing it to people in different ways,” Hayes explained.
To learn more about Hayes' investment thesis on crypto for the second half of 2024, watch the full interview on our YouTube channel, don't forget to subscribe!
