Arthur Hayes Expects Fed Intervention Following BTC Price Rise If These Events Happen

.CryptoHayes explains what will make the Fed print money again and boost BTC price crypto bitcoin inflation recession fomc

his fresh thoughts and expectations amid the difficult macroeconomic situation in the United States. According to Hayes, market participants should keep a close eye on the rates of the Japanese yen and the euro.

The fall of the euro means that European companies and consumers will pay more for the goods and services they import. Above all is energy. The same applies to the Japanese yen. If the dollar against these currencies, the Fed may resort to intervention, said the crypto enthusiast. Hayes marked the level of 1.5 yen and more, and 90 euro cents or less, for 1 dollar as key marks.record inflation

, mitigate the inevitable recession and eventually save the economy, the regulator will have to return to this instrument of monetary policy. What will printing money mean for the price of cryptocurrencies, and especially Bitcoin? It will mean the growth of quotations.Expect an"intervention" to weaken the USD if JPY > 150 and or EUR < 0.90.

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