BitMEX Co-Founder: 'Election Outcome Won't Impact Crypto Industry, All Candidates Will Print Money'
CryptoNewsTerminal Staff06 Aug, 2024
BitMEX Co-Founder: 'Election Outcome Won't Impact Crypto Industry, All Candidates Will Print Money'
BitMEX co-founder Arthur Hayes believes that the outcome of the US election will have little impact on the cryptocurrency industry. In an interview with DL News, Hayes said that regardless of who wins, "they're all gonna print money." Hayes' comments echo those of other industry experts who have argued that the Federal Reserve's quantitative easing policies are likely to continue regardless of who is in the White House. These policies have been a major driver of the cryptocurrency market in recent years, and Hayes believes that they will continue to support prices in the future. "I don't think it matters who wins the election," Hayes said. "The Fed is going to keep printing money, and that's good for crypto."
