US Money Printing Could Fuel Crypto Price Surge

Arthur Hayes, chief investment officer at Maelstrom fund, thinks US policymakers might boost cryptocurrency prices by printing more money to support AI and finance government debt. Speaking at CONNECT by Cointelegraph: Seoul Edition, he said, 'They've not really given themselves a lot of options other than print money and make it less bad.'

Hayes also talked about the possibility of China shifting from an 'austerity lite' policy to substantial monetary stimulus, which could revive demand for scarce assets.

In Europe, he's monitoring financial stress in France, including credit-default swaps tied to BNP Paribas and French government bond spreads.