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Bitcoin Could Surge as AI Race and War Fuel Money Printing says Hayes

Cointelegraph
Arthur Hayes predicts Bitcoin will reach $126,000 as global AI competition and geopolitical conflicts drive significant fiat currency printing.

Summary

Arthur Hayes, CIO of Maelstrom, asserts that geopolitical tensions in Iran and the global race for AI dominance are forcing nations to print more fiat money to fund military and technological infrastructure. Hayes argues that this influx of liquidity creates an ideal environment for crypto assets. He identifies Bitcoin as a primary beneficiary, noting its strong performance relative to gold and tech stocks since February, and concludes that hitting $126,000 is a "foregone conclusion" as the market trajectory turns explosive.

(Source:Cointelegraph)