Founder of the Endmex Exchange Arthur HayesHe said that the distance from globalization and increasing trade tensions can have deep effects in the crypto currency market. In an interview with the Forward Guidance channel, Hayes stressed that states could turn to money printing against increasing economic risks, and that it could create a great opportunity especially for beings such as Bitcoin.
How can money printing affect crypto currencies?
Hayes argued that the world will print intensive money to alleviate the effects of global separation. According to Hayes, it is known that such steps have moved up the existence prices in the past, and a similar dynamic will be experienced again.
“China is not alone, Hay Hayes said,“ All the big economies will have to print plenty of money. Because they need to soften this economic tremor, ”he said that this process is a global tendency. According to him, ultimately this wave Bitcoin It will work in favor of assets with limited supply.
Deepening of economic risks may force governments to increase their expenditures. Thus, a high amount of liquidity will be pumped on the market and interest in alternative beings will increase further. These developments only crypto currencyIn general, it can reshape all asset markets, not the ones.
Central banks’ gold preference is getting stronger
Although Hayes acknowledges that the charm of crypto currencies may increase, it predicts that central banks will act with traditional reflexes. For him gold Historically accepted as a safe port, such as the first choice for large institutions is still the first choice.
“They understand the gold, Hay said Hayes, said that he acted with the accumulation of education and historical knowledge of the central banks and major financial institutions. Stating that crypto currencies have not yet built confidence at this level, Crypto CoinsIn the alternative investment options, he said.
Currently, instant data in the market shows an increase in crypto money trading volumes. In particular, the expectation that economic uncertainties and monetary policy expansion will increase keeps investors’ interest in crypto currencies alive. This process can create new opportunities for crypto currencies to play a stronger role in the mainstream financial system.
According to the table pointed out by economic indicators, serious mobility can be seen in both traditional assets and crypto currencies in the coming period. These changes, which will be triggered by trade wars and structural transformations, will require investors to reconsider their strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
