Arthur Hayes Says Fed Hikes May Spur Wealthy Investors to Buy Bitcoin
Flop Labs CEO Arthur Hayes said higher Federal Reserve rates are giving wealthy investors more cash to spend on Bitcoin, real estate, watches and wine.
Higher Federal Reserve rates are supposed to tighten money, but they are giving wealthy investors extra cash to spend on Bitcoin (BTC), real estate, watches, and wine, Flop Labs CEO Arthur Hayes said.In an interview on Saturday with The Rollup podcast, Hayes made the case that higher rates don't dr…