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Arthur Hayes: The results of the US election are not important to the crypto industry, and the long-term trend of cryptocurrencies will rise

2024-08-06 14:43
Odaily News Arthur Hayes, co-founder of BitMEX, said in an interview that it doesn't matter to the crypto industry whether Trump or Harris wins the next US presidential election. Although the crypto industry has donated a lot of money to Trump, it is not enough to exceed JPMorgan Chase, Morgan Stanley, Citibank and Goldman Sachs, so even if Trump is elected, he may still encounter the same problems as in his first term, that is, although he can say something cryptocurrency-friendly and try some policies, if the entire government agency is against it, then nothing will be done. Regarding Bitcoin and monetary policy, Hayes said that both the Trump administration and the Harris administration will print money, just in different ways, so cryptocurrencies will rise, but the road may be very bumpy. (Dlnews)