‍Arthur Hayes Predicts ECB Turmoil Will Propel Bitcoin to New Heights Co-founder of BitMEX, Arthur Hayes, forecasts significant Bitcoin growth driven by anticipated economic instability in the Eurozone, particularly France. Hayes suggests the European Central Bank (ECB) may resort to substantial money printing to manage French debt, leading to a surge in euro circulation. He believes this, alongside other global monetary expansions, will bolster Bitcoin's value, positioning it as a superior store of value against debased fiat currencies. Hayes previously predicted Bitcoin could reach $1 million by 2028 due to US monetary policy. Key drivers identified by Hayes include excessive money printing, high national debt, fiat currency instability, and Bitcoin's role as a decentralized safe-haven asset.

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Arthur Hayes Predicts ECB Turmoil Will Propel Bitcoin to New Heights

Crypto mogul Arthur Hayes, co-founder and former chief of BitMEX, has once again made a bold prediction for Bitcoin