Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy
BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins.
In his latest blog post, “Group of Fools,” Hayes articulated how these changes in monetary policy create a fertile ground for the crypto market’s growth.
Hayes highlighted the recent rate cuts by the Bank of Canada (BOC) and the European Central Bank (ECB) as pivotal moments. These decisions mark the first time in years that G7 countries have reduced their benchmark interest rates.
According to Hayes, this shift will inject new energy into the crypto market.
