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The divergence between Bitcoin and tech stocks is a warning sign of a potential artificial intelligence-driven credit crisis that could lead to more central bank money printing, says Arthur Hayes.
“Bitcoin is the global fiat liquidity fire alarm. It is the most responsive freely traded asset to the fiat credit supply,” said the crypto entrepreneur in his latest blog post on Wednesday.
Hayes went on to caution that the recent divergence between Bitcoin (BTC) and the tech-heavy Nasdaq 100 Index…
https://cointelegraph.com/news/bitcoin-divergence-tech-fire-alarm-fiat-system-hayes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
