Arthur Hayes: Tariffs Are Good for Bitcoin, Triggering Global Imbalances and Printed Money!

Sean Williams | Updated on April 4, 2025
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Arthur Hayes, the co-founder of BitMEX, recently weighed in on the potential impact of U.S. President Donald Trump’s tariffs on the global economy. While tariffs may cause some economic disruption, Hayes argues that this very turbulence could fuel Bitcoin’s (BTC) next major rally.

In a post on April 3, Hayes expressed his belief that the global imbalances triggered by tariffs will eventually be “corrected” with printed money, which would benefit Bitcoin. As Hayes put it, “the pain papered over with printed money is good for BTC.”

Hayes’ comments come after the Trump administration announced a sweeping 10% tariff on all countries, starting April 5. Some nations will face even steeper tariffs, including China (34%), the European Union (20%), and Japan (24%). Hayes sees these tariffs as catalysts for a weakening U.S. dollar, which in turn could drive investors toward Bitcoin as an alternative asset.

One of the main drivers behind Hayes’ bullish outlook for Bitcoin is the weakening of the U.S. Dollar Index (DXY). Hayes points to a sell-off in U.S. stocks as overseas investors move their capital home. This, combined with the largest single-day point loss for the Nasdaq 100 on April 3, could pave the way for a surge in BTC and gold prices in the medium term.

Hayes also highlights how China’s response to U.S. tariffs—such as allowing its currency, the yuan (CNY), to weaken—could make Bitcoin a more attractive asset for Chinese investors looking to preserve wealth.

Further amplifying his stance, Hayes suggests that the Federal Reserve may respond to the economic strain by easing monetary policy and cutting interest rates, a move that typically boosts liquidity and fuels interest in riskier assets like Bitcoin.

Overall, Hayes sees Bitcoin’s future tied to the global economic shifts caused by Trump’s tariffs, and many experts, including Jeff Park from Bitwise Invest, share his view that these changes could lead to Bitcoin soaring higher in the coming months.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Also Read: Can TRUMP Meme Coin Lead Bitcoin’s Rally? Arthur Hayes Predicts 5% Surge as Token Soars 165% in a Month

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