Hayes, known for his keen insights into the crypto market, took to social media to express his views on the Fed’s actions and their implications on the world of crypto.
Under the banner of “Time to Pump Assets,” Hayes declared his intentions to accelerate his rotation out of traditional Treasury bills and into cryptocurrencies, particularly and altcoins.
Despite the Fed’s decision to pause rate hikes, Hayes highlighted his concerns about inflation, citing that every measure of inflation is currently above the Fed’s target of 2%. In response, he urged followers to join him in boosting financial assets, specifically emphasizing the potential of .
Additionally, Hayes anticipated a domino effect globally, as he predicted other central banks, including those in China, Europe and Japan, implementing massive stimulus measures in response to the Fed’s decision.
With this perspective, the expert reinforced his conviction on the potential of cryptocurrencies and urged investors to capitalize on this favorable market environment.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
