In an interview, Arthur Hayes, co-founder of BitMEX, shared his outlook on the future of asset markets and the role of Bitcoin.
Global Asset Rally Prediction
Arthur Hayes predicts that the global asset rally could last until 2026. He pointed out that the economic stimulus plans that President Donald Trump could implement are major contributors to this extended rally. Hayes believes that political leaders tend to postpone critical economic policy reform until they feel pressure, indicating that large-scale monetary growth has not fully begun.
Bitcoin’s Role as a Hedge Against Inflation
Hayes also discussed Bitcoin's ability to serve as a hedge against inflation. He rejected narrow arguments that compare Bitcoin's market share against the global M2 money supply, highlighting its proven effectiveness as a safeguard against currency debasement. While other assets like the S&P 500 have gained in dollar terms, they have lagged behind when measured against gold since 2008. Conversely, Bitcoin continues to outperform these assets, strengthening its position as a reliable substitute in the face of inflation.
Current Bitcoin Market Situation
Currently, the market value of Bitcoin remains stable at around $115,892.57, reflecting a minor increase of 0.49% on the day. The market capitalization reaches up to $2.3 trillion due to continued purchasing momentum. However, trading volume has declined by 3.71% to $49.17 billion, yet liquidity has remained stable, indicating a consistent demand for Bitcoin in the market.
Arthur Hayes' predictions highlight opportunities in the global asset market and Bitcoin's role as a reliable asset amidst economic instability.
