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Arthur Hayes says prolonged U.S. involvement in the Iran conflict could drive up the price of Bitcoin
Svmuu News: Arthur Hayes posted that every U.S. president since 1985 has launched military operations against Middle Eastern countries, and Donald Trump has continued this practice.He believes that the longer the U.S. remains involved in the situation in Iran, the higher the likelihood that the Federal Reserve will cut interest rates or expand the money supply to support related expenditures, thereby providing support for Bitcoin prices.Arthur Hayes also noted that it remains unclear how long the U.S. will maintain its involvement or the scale of the associated costs, and it is difficult to assess the limits of its resilience to geopolitical and financial market shocks. His trading strategy is to wait for a shift in Federal Reserve policy before making any moves.
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