BitMEX Founder Arthur Hayes Updates Bitcoin Forecast, Predicts Fed Will Be Forced To Print Trillions of Dollars
— Founder, Dollars, Updates, Print, Money, Forced, Bonds, Forecast, Hayes, Japan — 1 min read
Former BitMEX CEO Arthur Hayes says he expects Bitcoin (BTC) to bottom out and quickly recover. He predicts the Federal Reserve will once again inject trillions of dollars to the financial system. Hayes says Japan and the European Union are engaged in yield curve control (YCC) According to Hayes, YCC is the act of expanding monetary supply to purchase government bonds and reduce yields in an effort to weaken the nation’s fiat currency. The increase in liquidity will eventually find its way to Bitcoin and the crypto markets, he says. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or Source