BitMEX Founder Arthur Hayes: Fed Rate Cuts from Iran Conflict Could Propel Bitcoin
BitMEX co-founder Arthur Hayes posits that escalating U.S. military involvement in Iran may compel the Federal Reserve to cut interest rates and restart quantitative easing, mirroring a historical pattern observed since 1985. He notes that every major Middle East conflict—from the Gulf War to post-9/11 interventions—has been followed by Fed monetary easing, creating a favorable environment for hard assets like Bitcoin.
While highlighting Bitcoin's significant potential upside, Hayes advises caution against entering positions too early. "Wait for the Fed's first rate cut," he recommends, pointing out that Bitcoin's current price around $66,200 remains roughly 47% below its all-time high. His analysis reinforces the narrative of cryptocurrency serving as a hedge against geopolitically-driven monetary expansion.