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via Cointelegraph · By Cointelegraph Staff

Bitcoin Could Surge as AI Race and War Fuel Money Printing says Hayes

BTC

BTC/USDT

$59,570.00
-0.34%
24h Volume

$31,942,463,532.36

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.5%
Long: 71.5%Short: 28.5%
Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,650.82

-2.34%

Volume (24h): -

Resistance Levels
Resistance 3$64,236.26
Resistance 2$62,909.86
Resistance 1$61,023.09
Price$59,650.82
Support 1$59,102.70
Support 2$57,269.01
Support 3$51,387.09
Pivot (PP):$59,909.41
Trend:Downtrend
RSI (14):30.3
CS
Cointelegraph Staff
(04:10 AM UTC)
1 min read
EW
Approved byEmily Watson
612 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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