BitMEX co-founder Arthur Hayes believes that the 2024 U.S. presidential election will not greatly impact digital asset exchanges. He argues that both candidates are likely to follow similar economic initiatives, resulting in no major changes to the economy. Hayes sees Bitcoin as a reliable purchase during economic volatility and recommends holding BTC and similar securities in the long term. He expresses skepticism about political leaders being truly pro-Bitcoin, citing Donald Trump and Kamala Harris as examples. Hayes believes that the future of Bitcoin depends on global monetary policies, particularly those of central banks like the Federal Reserve, rather than election results. He advises investors to focus on the broader economic landscape and how major economies' monetary policies will influence Bitcoin and other assets.
- Content Editor ( cryptonewsland.com )
- 2024-11-06
Arthur Hayes: 2024 Election Will Have Little Impact on Crypto Markets