BitMEX co-founder Arthur Hayes believes that the next few months present a perfect opportunity for investors to accumulate cryptocurrency before the next surge in the bull market. In an exclusive interview with Cointelegraph, Hayes stated that those with extra cash and fiat looking to invest in crypto should take advantage of the current rangebound market. He further emphasized that inflationary monetary policies would be the driving force behind the rise of Bitcoin (BTC) and the broader cryptocurrency market in the coming months. Hayes predicted that major economies worldwide would continue to print more money over the next 18 to 24 months. He also highlighted the upcoming United States presidential elections as a bullish catalyst for crypto, as the country’s financial authorities would likely implement looser monetary policies to support President Joe Biden’s reelection. Hayes explained that periods of monetary expansion in the past have led to rallies in the crypto market, as controlling the government’s finances allows for the easy printing and distribution of money. For more information on Hayes’ investment thesis for crypto in the second half of 2024, watch the full interview on Cointelegraph’s YouTube channel and remember to subscribe.
Arthur Hayes claims that the upcoming summer will present an ideal chance for cryptocurrency investment.