Arthur Hayes is not worried about Bitcoin's recent drop! 🎢 The BitMEX co-founder believes that the U.S. Federal Reserve or the People's Bank of China could drive Bitcoin back up. 💸
- Hayes argues that if monetary policy does not loosen, the devaluation of the yuan could trigger capital flows into Bitcoin.
- In the past, the depreciation of the yuan has directed Chinese investors towards Bitcoin. Could the same happen in 2025, as it did in 2013 and 2015? 🤔
- Bybit CEO Ben Zhou also supports this view: "When the RMB falls, Chinese capital flows into BTC."
Do you think China will really send Bitcoin soaring? 🚀
- Hayes argues that if monetary policy does not loosen, the devaluation of the yuan could trigger capital flows into Bitcoin.
- In the past, the depreciation of the yuan has directed Chinese investors towards Bitcoin. Could the same happen in 2025, as it did in 2013 and 2015? 🤔
- Bybit CEO Ben Zhou also supports this view: "When the RMB falls, Chinese capital flows into BTC."
Do you think China will really send Bitcoin soaring? 🚀