Renowned economists view the possible shift in U.S. Federal Reserve (Fed) monetary policy as a factor that could significantly raise Bitcoin's value by year-end.
Fed Policy Shift and Its Impact on Bitcoin
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, stated that anticipated changes in the Fed's monetary policy could lead to a sharp increase in Bitcoin's price. Recent remarks by Fed Chairman Jerome Powell regarding potential policy changes have increased interest in cryptocurrencies.
Political Decisions and Their Impact on Crypto Prices
U.S. Treasury Secretary Scott Bessent's plans to lift restrictions on bank bond purchases are expected to positively impact Bitcoin. These decisions are anticipated to increase the money supply, boosting Bitcoin.
Future Money Supply and Digital Currencies
The main factors influencing Bitcoin's price are linked to expectations about future money supply. The Fed's move to monetary easing continues to stimulate interest in Bitcoin and digital currencies.
Experts believe that the possible easing of the Fed's monetary policy and related changes in money supply could lead to a significant strengthening of Bitcoin's exchange rate by year-end.
