- Arthur Hayes links Fed policy to Bitcoin’s bullish outlook
- U.S. dollar support for yen may lead to more liquidity
- Increased printing seen as fuel for BTC’s next rally
Arthur Hayes Predicts Bullish Impact on Bitcoin
BitMEX co-founder Arthur Hayes believes Bitcoin could see a major upside if the U.S. Federal Reserve starts printing dollars to support Japan’s weakening yen. According to Hayes, such monetary intervention would inject liquidity into global markets—fuel that historically sends BTC prices higher.
In a recent comment, Hayes explained that if the Fed assists in propping up the yen, it would amount to indirect easing, which could weaken the U.S. dollar and push investors toward hard assets like Bitcoin. “Dollar printing equals Bitcoin bullish,” Hayes emphasized, reflecting a view widely held in the crypto community.
The Yen’s Struggles and Global Ripple Effects
Japan’s currency has been under immense pressure, reaching multi-decade lows against the dollar. In past crises, coordinated interventions from central banks—especially the Fed—have been used to stabilize forex markets. If a similar move happens now, it could signal a return to looser monetary policy globally.
For crypto investors, this would be significant. More dollar liquidity often correlates with increased risk appetite and upward momentum in digital assets. Hayes argues that Bitcoin, as a finite asset with no central issuer, stands to benefit the most from any dilution of fiat value.
Bitcoin as a Hedge Against Central Bank Moves
The idea of Bitcoin being a hedge against monetary expansion isn’t new, but Hayes’ take connects it directly to international currency intervention—an angle often overlooked. Should the Fed act to support the yen, it could mark a shift back toward the kind of monetary environment that fueled past BTC bull runs.
With markets on edge and central banks facing tough decisions, Hayes’ comments add another layer to the ongoing narrative: Bitcoin thrives when central banks print money.
