Arthur Hayes: The cryptocurrency bull market is "reawakening" after the Bank of Canada and the European Central Bank cut interest rates

According to Foresight News, Arthur Hayes said that the cryptocurrency bull market is "reawakening" after the Bank of Canada and the European Central Bank successively cut interest rates. The Bank of Canada was the first major central bank to cut interest rates this year, cutting interest rates by a quarter percentage point to 4.75%, and the European Central Bank cut interest rates by a quarter percentage point to 4.25%.