Bank of Japan pivot to QE may fuel Bitcoin rally — Arthur Hayes

The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge.

The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies.

The BoJ is set to take its next interest rate decision at its upcoming monetary policy meeting on June 16–17.

The central bank may provide the next significant catalyst for Bitcoin (BTC) and other risk assets if it pivots to quantitative easing (QE), according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.

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