Arthur Hayes: US Middle East policy may lead to a new round of inflation and cryptocurrency bull market.

According to BlockBeats news on October 25th, Arthur Hayes, the founder of the cryptocurrency trading platform BitMEX, wrote in his blog that the United States' policy choices in the Ukrainian crisis and the Israeli-Palestinian conflict could further escalate tensions, leading to a significant increase in military spending and inflation expectations, as well as a rise in government bond yields. In this environment, investors may reduce their holdings of US bonds and instead increase their holdings of gold and Bitcoin as safe-haven assets. Hayes believes that this could lead to a new round of bull market for cryptocurrencies.