BitMEX founder Arthur Hayes stated that instead of trying to predict whether a potential market bubble in the AI sector will burst, he prefers to take long positions on Bitcoin (BTC) and Ethereum (ETH). Hayes pointed out the possibility of trillions of dollars in bailout packages in the future.
Hayes, commenting on the situation via the social media platform X, stated that uncertainties surrounding the future of the AI market persist. The renowned investor said he did not want to take a position on whether the sector would continue to rise or experience a sharp decline.
Hayes stated in his post, “I don’t know whether the AI market will eventually collapse, and I’m not betting either way. Instead, I’ll invest in the possibility of future multi-trillion dollar bailout packages.”
The BitMEX co-founder emphasized that he maintains his bullish view on Bitcoin and Ethereum, in line with this expectation. Hayes’ approach focuses on the impact of potential economic stimulus policies on financial markets, rather than price movements in the AI sector.
The main scenario highlighted in Hayes’ assessment was the possibility of large-scale financial bailout measures being implemented in the future. Such interventions are considered to potentially alter liquidity conditions in the markets and affect cryptocurrency prices.
However, Hayes specifically stated that he did not foresee a collapse in the AI sector. His remarks did not provide details on when or under what conditions any rescue package might be implemented.
Hayes’ optimistic approach to Bitcoin and Ethereum is based on the expectation of potential future liquidity expansion. However, there is no certainty that this scenario will materialize or lead to a rise in cryptocurrency prices.
*This is not investment advice.
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