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- CZ warns that crypto is in a profit-driven phase, but expects long-term builders to return.
- Arthur Hayes links U.S. debt and tariffs to weakening trust in Treasuries, boosting demand for Bitcoin and gold.
- Bitcoin’s path to $1 million tied to USD/CNY tensions and global shift away from U.S. financial dominance.
Growing economic worries about U.S. financial management policies coupled with intensifying international tensions make investors seek alternative assets. The exchange rates of Bitcoin and gold rise because crypto leaders Changpeng Zhao and Arthur Hayes explain their increasing popularity during times of change.
The crypto sphere is experiencing a change in outlook according to the former Binance CEO Changpeng Zhao. The participants revealed through X that they now focus on getting immediate returns instead of developing long-term technological advances.
Zhao stated that speculative trading particularly in memecoins has become the dominant trend moving the crypto market. Serious development activities have halted because this time stands as a period focused mainly on speculation according to him.
Zhao believes that serious developers will come back to the industry once market madness ends. Historically bear markets become the perfect time for authentic innovation within the crypto industry according to him.
BitMEX co-founder Arthur Hayes indicates that macroeconomic factors motivate investors to move their funds into Bitcoin and gold investments. Hayes explained how the U.S. financial system deteriorates due to mounting federal debt together with inconsistent trade measures.
The U.S. elimination of its gold standard during 1971 was the source he identified for these developments in the economy. The debt accumulation process has gained momentum in the period following 1971 which led to Treasury market vulnerabilities.
Recent tariff decisions made by President Trump represent one of the key factors which disrupt international trade relations according to Hayes. According to him the implemented policies restrict foreign countries from earning U.S. dollars while investing in Treasury securities.
The sale of U.S. Treasuries by global nations would destabilize traditional financial markets according to his assessment. According to Hayes this movement made gold more desirable as an unbiased settlement investment.
Bitcoin’s Path Strengthened by Currency Pressure and Policy Risk
The analysis by Hayes demonstrates that Bitcoin serves as an electronic form of gold because people lose faith in traditional paper currency systems. The worsening U.S.-China relations together with currency de-dollarization and alternative value flights could occur according to his assessment.
Based on his analysis the U.S. dollar will experience considerable depreciation against China’s yuan currency thereby leading to a USD/CNY exchange rate of 10.00. According to Hayes such currency action would serve as an exceptional catalyst to enhance Bitcoin’s market value appeal.
According to Hayes this currency shock would help Bitcoin reach a $1 million market value. Bitcoin’s long-term demand has potential because centralization fatigue in monetary systems triggers worldwide trust issues according to his analysis.
The market is currently reviewing assets which demonstrate greater resistance to the evolving global financial environment. The divergence of opinions between CZ and Hayes demonstrates why unstable macroeconomic conditions lead people to choose Bitcoin along with gold as alternative investment options.
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