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Arthur Hayes "US arrest of Maduro, catalyst for a 200,000-dollar Bitcoin (BTC) rally"

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JH Kim
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Summary

  • Arthur Hayes said that the US arrest of President Maduro could be a catalyst for a surge in Bitcoin (BTC) prices.
  • He said that in an environment where dollar supply increases, Bitcoin and other cryptocurrencies would face strong upward pressure.
  • Hayes said that Bitcoin prices could rise depending on global geopolitical risks and changes in monetary policy.

BitMEX co-founder Arthur Hayes said that the US arrest of Nicolás Maduro, president of Venezuela, could be a catalyst for a surge in Bitcoin (BTC) prices.

On the 7th (local time), according to digital asset (cryptocurrency) media DL News, Hayes analyzed, "If the US arrests President Maduro, control over Venezuela's oil assets could be strengthened, which could lead to curbing inflation while simultaneously expanding the money supply."

He emphasized, "In an environment where dollar supply increases, Bitcoin and some cryptocurrencies are bound to face strong upward pressure," and "such macro changes will trigger a surge in Bitcoin prices."

Earlier, Hayes had issued a bullish forecast that Bitcoin could reach 200,000 dollars before March 2026, and this remark is also interpreted as reaffirming his previous position that global geopolitical risks and changes in monetary policy could be key drivers of Bitcoin's rise.

Photo=Thrive Studios ID/Shutterstock
Photo=Thrive Studios ID/Shutterstock
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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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