In brief

  • Arthur Hayes says that a Fed plan to defend the yen will increase Bitcoin.

  • Japan should exchange government bonds for USD and then buy yen, which creates new liquidity.

  • The Fed’s balance sheet has followed Bitcoin’s biggest rallies in the past.

Read the original story Arthur Hayes says that the Fed’s plan for the Japanese yen will drive up Bitcoin by Darryn Pollock on se.beincrypto.com

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