Fed’s ‘sugar high’ may propel Bitcoin surge — Arthur Hayes.
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from Japanese yen carry trade unwinding. Arthur Hayes, co-founder of BitMEX, has likened the United States Federal Reserve’s actions to that of a short-term “sugar high” for the economy, with rally ripple effects for crypto.
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