Arthur Hayes Explains RMP as QE and Predicts BTC Price Movement

iconJinse
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Arthur Hayes, founder of BitMEX, says RMP is just a new form of QE, pushing up prices of financial and real assets. He believes the market will soon react to this realization, triggering a sharp Bitcoin price movement. Hayes sees BTC hitting $124,000 as fear and greed index shifts toward optimism. He also points to Ethena (ENA) as a key play in the leveraged USD trend.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.