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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates Bitcoin.com 2 weeks ago

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates 💹

Bitmex co-founder Arthur Hayes is optimistic about Bitcoin's future, forecasting a significant boom due to recent interest rate cuts by central banks.

Hayes suggests that further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank will expand the money supply and drive inflation.

While he acknowledges that inflation might negatively impact certain businesses, he posits it would benefit Bitcoin.

Source: news.bitcoin.com ↗

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