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Bitmex co-founder Arthur Hayes said Donald Trump's tariffs are good for Bitcoin (BTC) because the government can destroy the economic disease it causes by printing money.
“Some of the y'all are running, but I love tariffs,” he saidn an April 3 thread In X. ”Global imbalance can be corrected, and the pain that is papel with printed money, which is good for $ Btc. “
Arthur Hayes tells entrepreneurs and investors to be patient
Investors need to be patient, Hayes says, while governments around the world are starting to print more money, then introduce more liquidity that can flow into the crypto market.
Bitmex co-founder noted that the US dollar weakened as investors overseas sell US tech stocks. He believes it will benefit from BTC and gold in the medium term.
The $ weakens the foreigners who sell US tech stocks and bring money home. It's good for $ Btc and gold in the medium term. pic.twitter.com/xzrcxoajzt
– Arthur Hayes (@CrypTohanes) April 4, 2025
Hayes din Says that the 2-year harvest of Treasury was thrown after Trump's tariff announcements. He said the US Federal Reserve (FED) would begin to cut interest rates and restart the amount of easing (QE) as soon as possible to counter the lowering yield.
That will put down pressure on the dollar, and potentially enhance Bitcoin's status as a value store and as an investment that cannot be manipulated by government policy.
Risk owners can fly to the roof, says Bitwise Analyst
Bitmex co-founder comments came after the Trump administration announced remote tariffs to almost all US trading partners on Wednesday.
In addition to a 10% baseline tariff on imports from all countries, the administration also imposed a 34% tax on imports from China and 20% in the European Union, among others.
While some analysts have stepped forward and said that tariffs can lead to a global retreat, some advertise Hayes that new tariffs may be good for Bitcoin.
This is the only thing you need to read about tariffs to understand Bitcoin for 2025. It is undoubtedly my highest convincing MacRo Trade for the year: Plaza Accord 2.0 will come.
I -Bookmark it and revisit it as the financial war binds to sending bitcoin higher. pic.twitter.com/wxmb36yv8o
– Jeff Park (@DGT10011) February 2, 2025
On February 3, the head of the Alpha Strategies at Bitwise Invest, Jeff Park said that a weaker dollar and weaker US rates could send risks “through the roof” beyond the wildest imagination of investors.
He added that a potential financial war could be sent Bitcoin “Violently higher.”
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