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Crypto Macro

Arthur Hayes: Euro-Yen Crash to 140 by June Signals Crypto Bull Resumption

Arthur Hayes, BitMEX co-founder, predicts EURJPY will fall from 185 to 140 or lower by June, citing U.S. Treasury Secretary Bessent’s strategy to sell euros and buy yen. Hayes argues this will trigger a sharp expansion in dollar liquidity as French bank stress forces Federal Reserve RMP purchases, potentially restarting the crypto bull market. He remains long bitcoin, ether, Ethena, and Ether.fi.

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