BREAKING
251d 16h ago

BitMEX Co-Founder Arthur Hayes Urges Buying Bitcoin (BTC) Amid US Debt Forgiveness and Election Cycle

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

BitMEX co-founder Arthur Hayes recently emphasized on social media that debt forgiveness remains a strategic advantage during election periods. His commentary suggests that concerns over potential reductions in US government spending may be overstated. Investors are encouraged to consider increasing their exposure to Bitcoin (BTC), which Hayes views as a resilient asset amid fiscal policy uncertainties. This perspective aligns with broader market trends where digital assets are increasingly seen as a hedge against traditional economic volatility. Market participants should monitor fiscal developments closely, but Hayes’ insights provide a compelling argument for maintaining or expanding crypto holdings in the current macroeconomic environment.

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