via Cointelegraph · By Cointelegraph Staff
Bitcoin Could Surge as AI Race and War Fuel Money Printing says Hayes
BTC/USDT
$31,942,463,532.36
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
-0.0008%
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The ongoing war in Iran and the race to dominate the AI sector will result in money printing that could benefit the crypto ecosystem and push Bitcoin back to its all-time high this year, according to Arthur Hayes, the chief investment officer of crypto investment fund Maelstrom.
In a Substack post on Tuesday, Hayes said the competition between US and China to win the arms race has led both to…
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