"Arthur Hayes Blog: The Most Important Thing in Trading is Understanding How Fiat Currency Supply Changes" (Author: Arthur Hayes, Translated by BitpushNews) In his latest blog post, Arthur Hayes states that the most important aspect of trading is understanding how fiat currency supply changes. He believes that the current U.S. government's "poor man's quantitative easing" policy is driving commercial bank credit into strategic industries, expanding fiat currency supply, and thereby stimulating the rise in Bitcoin and the overall market capitalization of cryptocurrencies.

As the United States enters a "wartime economic mode," the Trump administration will encourage stablecoin issuers to purchase government bonds to fund the ever-expanding fiscal deficit, and the cryptocurrency market is the biggest beneficiary of the increase in fiat currency supply. Hayes expects that this bull market driven by credit expansion will push Bitcoin to $250,000 and Ethereum to $10,000. Read more: