Arthur Hayes, Bitcoin's latest drop doesn't concern him! 🎢 The BitMEX co-founder believes that the U.S. Federal Reserve or the People's Bank of China could boost Bitcoin again. 💸
- Hayes argues that if monetary policy doesn't loosen, China's yuan devaluation could trigger capital flow to Bitcoin.
- In the past, the depreciation of the yuan had directed Chinese investors to 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."
In the comments, do you think China could really send Bitcoin soaring? 🚀
- Hayes argues that if monetary policy doesn't loosen, China's yuan devaluation could trigger capital flow to Bitcoin.
- In the past, the depreciation of the yuan had directed Chinese investors to 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."
In the comments, do you think China could really send Bitcoin soaring? 🚀