Arthur Hayes identifies two key catalysts for next Bitcoin surge: Fed cuts or Yuan devaluation
Hayes emphasizes potential Yuan devaluation, citing history (2013, ’15, ’17) of China capital flight boosting BTC
Believes Fed easing or China currency move could override tariff noise, fuel BTC rally
BitMEX co-founder Arthur Hayes identified two macro developments he believes could soon trigger a Bitcoin surge, looking beyond the immediate market volatility caused by U.S. tariff policies.
His focus centers on Federal Reserve interest rate cut decisions and, more pointedly, a possible devaluation of the Chinese Yuan.
Spotlight on Potential Chinese Yuan Devaluation
Hayes emphasized via X that a devaluation of China’s currency by the People’s Bank of China (PBOC) could provide Bitcoin holders with major upside catalysts – what he termed “yachtzee ingredients.” He argued this isn’t theoretical, drawing parallels to past events.
If not the Fed then the PBOC will give us the yachtzee ingredients.
CNY deval = narrative that Chinese capital flight will flow into $BTC.
It worked in 2013 , 2015, and can work in 2025.
Ignore China at your own peril. pic.twi…
The post The ‘Yachtzee Ingredients’: Hayes Bets Yuan Devaluation to Fuel the Next BTC Surge appeared first on Coin Edition.
