Former BitMEX CEO Arthur Hayes believes that the US presidential election is currently the biggest obstacle facing the cryptocurrency market. He expects Bitcoin and crypto markets to regain momentum once the uncertainty of the election outcome is eliminated. Hayes believes that regardless of who wins the election, government spending will increase, the dollar will lose value, and Bitcoin and cryptocurrencies will gain value. He advises investors to act carefully in the period leading up to the election. Additionally, Hayes stated that while Solana is innovative and has a strong community, it will be difficult for it and other altcoins to surpass Ethereum in terms of market cap and innovation.



Other News from Today