Arthur Hayes: Prolonged US involvement in the Iran conflict will force the Federal Reserve to print money and drive up the price of Bitcoin.

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PANews reported on March 2nd that BitMEX co-founder Arthur Hayes analyzed that since 1985, every US president has launched military action against Middle Eastern countries, and Trump continues this tradition. He used simple logic to predict Bitcoin's price movement: the longer the US intervenes in the Iranian situation, the more likely the Federal Reserve is to cut interest rates or print money to support war spending, which will drive up Bitcoin's price.

Regarding trading strategies, Hayes stated: "Currently, it's unclear how long Trump can sustain this investment, spending billions or even trillions of dollars to reshape Iranian politics according to his own will, nor how much geopolitical and financial market shock he can withstand before withdrawing. The wise approach is to wait and see. The real opportunity to buy Bitcoin and quality altcoins like HYPE will be after the Federal Reserve cuts interest rates or prints more money to support the Iranian government's objectives."

PANews reported on March 2nd that BitMEX co-founder Arthur Hayes analyzed that since 1985, every US president has launched military action against Middle Eastern countries, and Trump continues this tradition. He used simple logic to predict Bitcoin's price movement: the longer the US intervenes in the Iranian situation, the more likely the Federal Reserve is to cut interest rates or print money to support war spending, which will drive up Bitcoin's price.

Regarding trading strategies, Hayes stated: "Currently, it's unclear how long Trump can sustain this investment, spending billions or even trillions of dollars to reshape Iranian politics according to his own will, nor how much geopolitical and financial market shock he can withstand before withdrawing. The wise approach is to wait and see. The real opportunity to buy Bitcoin and quality altcoins like HYPE will be after the Federal Reserve cuts interest rates or prints more money to support the Iranian government's objectives."

Source:KuCoin News
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