Arthur Hayes: Now is the time to buy everything

The co -founder of the BitMEX exchange Arthur Hais commented on the agreement between the United States and the PRC on a decrease in mutual duties. He called on the traders “buy everything.”

He also shared the news of the approval of the SB 17 bill in Texas, which prohibits counterparties from some jurisdictions, for example, the Russian Federation, the PRC and North Korea, to buy land on the territory of the state.

“Control over the movement of capital, not tariffs will become the driver of the“ divorce ”between the United States and China,” Hayes believes.

It seems that the expert does not share optimism regarding the possible “thaw” in the trade war between these countries.

Earlier, he repeatedly stated that this situation will be solved by dividing world trade into two camps – Chinese and American.

“This decrease in trade tension supports the risk environment. A decrease in tariffs weakens inflationary pressure and improves global liquidity conditions, and both are usually favorable for bitcoin and other cryptocurrencies, ”said Cyril Kretov, senior automation expert in Coinpanel, in a commentary to The Block.

In addition to bitcoin, the news on the US-Chinese agreement reacted mainly to the news of the American-Chinese agreement. XRP grew by 4.6%, TRX – 3.6%, DOGE – 3.3%, according to Cryptoraank.

Be in the know! Subscribe to Telegram.

Source: Cryptocurrency

You may also like

UC
World
Flora

UC

The UN Security Council was convened at the request of European countries of Greece, France, the United Kingdom and Denmark,