By Chayanika Deka Bitcoin briefly neared $76,000 on Tuesday, a level seen for the first time in six weeks, in spite of the global uncertainty as the conflict in the Middle East entered its third week. Data from Alphractal shows that Bitcoin’s Coin Days Destroyed (CDD) Multiple has fallen to its lowest level since 2022. […]
Tag: FOMC
By Wayne Jones In a March 1 essay, BitMEX co-founder Arthur Hayes argued that the U.S. military escalation in Iran fits a four-decade pattern of American intervention in the Middle East that ultimately leads to Federal Reserve easing. According to Hayes, the longer the U.S. engages in this conflict, the higher the likelihood the Fed […]
By Jake Simmons Arthur Hayes argues that a deeper US conflict with Iran could ultimately become a bullish macro setup for Bitcoin, not because war is constructive for markets, but because it may push the Federal Reserve toward cheaper and more abundant money. Why Bitcoin Could Surge In his March 2 essay iOS Warfare, the […]