Arthur Hayes Calculates a $3.4 Million Bitcoin Scenario Under Trump's Financial Easing

On the 23rd, renowned cryptocurrency analyst Arthur Hayes released an article forecasting the U.S. financial policy and Bitcoin (BTC) market. While not offering investment advice, he discussed expectations should the Federal Reserve Board (FRB) implement large-scale currency issuance. Hayes examined the extent of financial easing the FRB might undertake under the Trump administration, referencing the COVID-19 pandemic. During the pandemic, the FRB utilized monetary easing to purchase about 40% of the outstanding government bonds, significantly expanding its balance sheet. Based on this, Hayes speculates that under the Trump administration, the FRB might...