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Arthur Hayes Unveils Crypto Scenario for Coming Months, Says ‘Off to the Races’ After US Election

BitMEX founder Arthur Hayes believes that the liquidity environment for crypto assets is turning favorable as central banks, including the Federal Reserve, adopt looser monetary policies. However, he predicts that the upcoming US election will result in a contested outcome, causing temporary harm to risk assets and delaying any potential crypto rally. Hayes anticipates that it may take 3 to 6 months for the US president to be chosen, during which there may be legal and violent agitation. Nevertheless, Hayes expects that regardless of the election outcome, the new president will increase spending and debase the US dollar, benefiting Bitcoin and other digital assets.

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