BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.
“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X post.
Several factors contribute to Bitcoin’s potential pump
“Some of y'all are running scurred, but I LOVE TARIFFS,” Hayes said.
His comments come just a day after it was announced that the Trump administration will hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%.
Hayes explained that tariffs positively impact Bitcoin's (< ..
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