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Conflict in Middle East: bullish driver for crypto market
While traders are actively buying Bitcoin dips
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While traders are actively buying Bitcoin dips and we're seeing the first inflows into the spot ETFs we've long anticipated, the conflict in the Middle East has emerged as an unexpected but meaningful bullish driver for the crypto market, including Bitcoin. Arthur Hayes, the well-known crypto enthusiast and former CEO of BitMEX, sets out this view in detail in his latest essay. He points to a historical pattern: geopolitical flare?ups of this kind often push the US Federal Reserve toward a looser monetary policy. The
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Jakub Novak,
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