BitMex CEO Predicts Bitcoin Bull Cycle Amid China Tariff Response

Arthur Hayes, co-founder and CEO of BitMex, has predicted that China’s response to President Trump’s tariffs will trigger a bull cycle for Bitcoin (BTC). As several countries adjust to recent tariffs imposed by the United States, with a key focus on China, industry analysts have rolled out a growth plan for Bitcoin and other altcoins.

Hayes stated in a recent social media post that the People’s Bank of China (PBOC) will provide Bitcoin with the necessary ingredients for a bull recovery in its response to Trump’s tariffs. This could happen if China devalues its currency, leading to fund flows into the crypto market. According to Hayes, China has fueled fund flows through this method in 2013 and 2015.

“If not the Fed then the PBOC will give us the yachtzee ingredients. CNY deval = narrative that Chinese capital flight will flow into $BTC. It worked in 2013 , 2015, and can work in 2025. Ignore China at your own peril.”

Other digital asset executives also hinted that China will likely devalue the yuan to limit the impact of the tariffs. Globally, the central bank’s move to devalue local currencies propels consumers to digital assets to protect value. This aligns with Bitcoin’s use case as a store of value amid global trade tensions.

Several financial consumers have turned to crypto in the last two years to safeguard their assets. As a result, Bitcoin recorded growing numbers signaling heightened global adoption. The influx of new users to the market spiked institutional interest, leading to an overall increase in price and trader sentiment. For Hayes and most bulls, a recovery is inbound to send BTC to previous levels.

Several financial institutions have increased the odds of a recession in the United States and hinted at more policy rate cuts. Following massive outflows from the U.S. stock market, noted that rate cuts are imminent as the Feds look to avert an economic meltdown. Traditionally, rate cuts have spiked Bitcoin price, leading to similar trading patterns in altcoins. Several trades are pricing in institutional inflows due to imminent rate cuts and Chinese capital.