ChainCatcher reports that BitMEX co-founder Arthur Hayes posted on social media that although the Trump team wants the US dollar to weaken, the rapid strengthening of the Japanese yen could cause leveraged traders to close out their US stock and bond positions. Bitcoin (traders) have recognized that if bond yields rise, central banks must take monetary printing measures.
Arthur Hayes: A stronger yen could cause leveraged traders to close out their U.S. stock and bond positions
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