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BTCBTC
💲67201.72
+
0.67%
ETHETH
💲2053.37
+
0.24%
WLDWLD
💲0.2612
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3.62%
SOLSOL
💲80.06
+
0.38%
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0%
XRPXRP
💲1.31
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Bitcoin.com News
Bitcoin.com News|Apr 04, 2025 09:32
Arthur Hayes, co-founder and former CEO of the cryptocurrency exchange Bitmex, recently expressed his support for tariffs. He believes they can help correct global imbalances and benefit bitcoin (BTC) and gold in the medium term. 🇺🇸 Hayes noted that the weakening U.S. dollar, driven by foreign investors selling U.S. tech stocks, is favorable for these assets. He emphasized the need for China to allow its currency, the yuan (CNY), to weaken further in response to tariffs. 🇨🇳 He also called for easing measures from the Federal Reserve, predicting that the market anticipates interest rate cuts and potential quantitative easing to mitigate negative economic impacts. Additionally, Hayes highlighted the need for increased liquidity from the Bank of Japan, suggesting that a weak yen policy could lead to significant movements in the USD/JPY exchange rate. 🇯🇵 He concluded with a call for investors to remain patient and nimble in the current market environment. What are your thoughts on the impact of tariffs on cryptocurrencies and global markets?
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Timeline

May 04, 03:52【Trump calls for Federal Reserve to cut interest rates】
May 03, 15:23【There will be no interest rate cuts in May, and the market will face a pullback】
May 03, 02:37【Non farm employment data is strong, and the Federal Reserve will cut interest rates in July】
May 03, 01:44【Barclays and Goldman Sachs expect the Federal Reserve to cut interest rates in July】
May 02, 20:51【Market liquidity may become tighter】
May 02, 20:44【The market remains primarily event driven】
May 02, 20:15【Strong non farm payroll data adjusts Federal Reserve's interest rate cut expectations】
May 02, 15:16【Active on chain, capital competition, unclear policies】
May 02, 14:59【Goldman Sachs postpones Federal Reserve rate cut expectations】
May 02, 14:30【The possibility of the Federal Reserve cutting interest rates drops to 1%】

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