The former head of BitMEX, Arthur Hayes, believes that “global wartime inflation” will stimulate quotes for Bitcoin and gold. According to him, the United States is actively supporting new wars, while #ФРС is faced with internal economic challenges.
“If long-term US Treasuries do not provide security to investors, then their money will seek alternatives. Gold and, most importantly, Bitcoin will rise due to real fears of global wartime inflation,” Hayes wrote in a new essay, “The Periphery.”
By the way, since the beginning of 2023, gold has increased in price by 8%, while Bitcoin has risen in price by 105%.