Arthur Hayes says the Israeli-Palestine war will lead to an implosion in safe assets like treasury bonds, and investors will flee to BTC, XRP, Ether and other crypto.
He predicted BTC would hit $1 million in this post-war world, and if XRP were to record such gains, it would hit $16.
Since Hamas’ surprise attack on the Israelis on October 7, the two nations have been embroiled in a war that’s now approaching 10,000 fatalities. While unfortunate, the war could be the catalyst for the sharpest spike in crypto prices in history, believes industry veteran Arthur Hayes.
In a recent blog post, Hayes discussed how the war will impact global financial markets as people lose faith in traditionally safe assets. According to the BitMEX founder and ex-CEO, the conflict will trigger “global wartime inflation” that could push BTC to $1 million.
The bond vigilantes are yelling “down with the dollar.”
Look out for my spicy essay “The Periphery” dropping this week where I discuss the H

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/global-wartime-inflation-could-propel-xrp-price-to-16-analyst-predicts-heres-why/?utm_source=rss&utm_medium=rss&utm_campaign=global-wartime-inflation-could-propel-xrp-price-to-16-analyst-predicts-heres-why