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Bitcoin (BTC) & Arthur Hayes’ Top Altcoin Selections: Predicted Ascension in Crypto Market

Release: 2024/05/05 13:16 Reading: 964

Original author:CoinOtag

Original source:https://coinmarketcap.com/community/en/articles/66370ff2050c0e549a7ab1b9

Bitcoin (BTC) & Arthur Hayes’ Top Altcoin Selections: Predicted Ascension in Crypto Market

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BitMEX co-founder Arthur Hayes believes that US monetary policy will benefit crypto assets in the future.
Hayes suggests that the “stealth money printing policies” of the U.S. Treasury and the Federal Reserve will dampen negative price movement for crypto assets.
Hayes is currently buying Solana and memecoins for momentum trading positions and increasing his allocations in Pendle for longer-term positions.

BitMEX co-founder Arthur Hayes predicts a positive impact on crypto assets due to US monetary policy, suggesting a slow grind higher for prices. Hayes is also increasing his crypto investments.

US Monetary Policy to Benefit Crypto Assets

Arthur Hayes, co-founder of BitMEX, has stated in a recent essay that the ongoing “stealth money printing policies” of the U.S. Treasury and the Federal Reserve are likely to benefit crypto assets. He believes that the slow addition of billions of dollars of liquidity each month will dampen negative price movement for these assets.

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