Arthur Hayes: “Crypto will come back”

Famous investor Arthur Hayes stated that the US elections are currently the biggest obstacle to the growth of the crypto market. Hayes stated that he thinks the new president will not be clear immediately after the elections and that he expects serious rises after the uncertainty is removed.

Arthur Hayes: “Crypto will come back”

Artur Hayes, one of the most talked about crypto figures with his investments and comments, made an interesting claim again. Stating that the rise in cryptocurrencies will come again and all the conditions for this have started to be prepared, Hayes cited the American elections as the biggest obstacle here.

“The winner will not be immediately clear”

Stating that whoever wins the election will implement a ‘money printing’ policy, Hayes said that the new president will not be announced in November, and that he thinks this will occur in a process of 3 to 6 months:

“At the moment, liquidity conditions in the world have started to improve. If I take a risk now, I will sell before the election. Because I do not think that the election results will be clear immediately. It will take 3 to 6 months. I think both sides will not accept defeat and the inaction and silence of the US president will create problems. Both sides will deal with each other both legally and through events on the streets. But in the end, no matter who wins, there will be a policy of printing money. Trump will cut taxes, Kamala will increase aid. The amount that needs to be spent will eventually have to increase. Of course, we, crypto investors, will not care where the money is spent. Crypto will be included in the race at the end.”

Hayes made many comments that he expected an increase in the recent period, but his predictions did not hold much. The famous investor, who also wrote an article on this subject, said, “Since last year, only 2 of my 6 predictions have held, but monetary expansion policies will continue. This is the main thing,” he said.

Leave a Comment