Trump must print—and keep gas cheap—for BTC to rip: Hayes
BitMEX co-founder Arthur Hayes is betting that U.S. politics, not crypto fundamentals, will drive the next major leg higher for Bitcoin (BTC)—arguing that a Republican (“Team Red” as he calls them) win in 2028 all but guarantees aggressive money printing, so long as gasoline prices stay in check.
Summary
- Hayes lays out what he calls the “10% rule.”
- He links rising fuel prices to electoral losses.
- The conclusion: Trump’s political incentives point toward looser fiscal and monetary policy—conditions Hayes says are historically bullish for Bitcoin and other risk assets.
Hayes’ thesis, detailed in a blog post, centers on U.S. gasoline prices. If the…
