Markets

Arthur Hayes says that setting is perfect for a 2022-style risk asset rally for fear and insecurity

Arthur Hayes, founder of Bitmex, says that the crypto market can be prepared in the middle of the 2022 style breakthrough in the middle of fear, insecurity and doubt (FUD).

In a new interview with the Crypto Banter YouTube channel host Ran Neuner Hayes saying Central banks are likely to increase the printing of money to deal with deteriorating macroeconomic conditions that can push Bitcoin (BTC) and other cryptocurrencies to much higher evaluation.

“I think setting is just for the risk assets rally, as we saw from the third quarter of 2022 to the beginning of 2025. Today, we have a similar setup. We have a lot of fear, insecurity, doubts in markets and money officials, especially in America, so they start printing money…

It concerns all the treasury. [Former US Treasury Secretary] Janet Yellen printed $ 2.5 trillion in 2022-2025. Bitcoin rose 6x. [US Treasury Secretary Scott] Bessent must do something similar. And that's why April 9 was the bottom and we go much higher here. ”

Hayes also predicts that Bitcoin dominance (BTC.D) The metric may soon enter the phase after the 70% labeling, setting the ATTS to outdo the flagship cryptocurrency.

BTC.D calculates how much of the cryptocurrency ceiling belongs to the BTC. Bitcoin is currently dominated by 64.81%.

“I think Bitcoin's dominance goes to 70%.

Bitcoin trades at $ 94,030 at the time of writing, which is 1.8%in the last 24 hours.

https://www.youtube.com/watch?v=VIOWLMYIU8

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Opinion: Opinions published in the Daily Hodl are not investment advice. Investors should make their diligence before investing in Bitcoin, cryptocurrency or digital assets. Note that your transfers and transactions are your own responsibility and all the damage that may occur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets or Daily Hodl investment advisor. Note that the Daily Hodl is involved in the marketing company marketing.

Created image: Midjourney

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