Arthur Hayes, Chief Investment Officer at Maelstrom Fund, told Benzinga on Thursday that rising oil prices and treasury yields could prove positive for Bitcoin (CRYPTO: BTC). What Treasury Yields Spike Amid War Means Hayes pointed out the surge in yields on the 10-year Treasury note, which is not typical in a “risk-off” scenario.
Arthur Hayes Says Rising Treasury Yields Could Trigger A Money-Printing Bailout And 'Benefit' Bitcoin
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Arthur Hayes, CIO at Maelstrom Fund, told Benzinga on Thursday that rising oil prices and higher Treasury yields could benefit Bitcoin (BTC); he pointed to a surge in the 10-year Treasury yield and said such a rise is not typical in a 'risk-off' scenario.
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