BitMEX co-founder and Maelstrom CIO Arthur Hayes discussed the potential impact of a Federal Reserve rate cut and its implications for financial markets and cryptocurrencies in an interview with CoinDesk. Hayes argued against rate cuts, expressing concern about inflation and the potential for financial turmoil. He believed that continued rate cuts would lead to an initial market rally followed by more depressed prices in the long term. He also discussed the role of the dollar-yen exchange rate, the potential decoupling of bitcoin from traditional markets, and the future of cryptocurrencies, including his own project, Ordinals Inscriptions. Hayes emphasized the need for patience in the crypto markets and highlighted the importance of use cases for bitcoin and other cryptocurrencies.



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