Arthur Hayes argues that rising AI spending, inflation pressure, and political backlash ahead of US midterms could fuel more fiat creation and strengthen Bitcoin’s appeal as a hedge against monetary expansion.

Arthur Hayes argues AI-driven spending, inflation, and job fears could become a major US political issue before the midterms, while looser liquidity and geopolitical stress may push more capital into Bitcoin.

Arthur Hayes argues that AI-driven power costs, job fears, and inflation could become a major US political issue before the midterms, while expanding liquidity and credit may ultimately benefit Bitcoin.

Arthur Hayes argues that rising AI spending, power costs, inflation, and geopolitical stress could turn AI into a major US political issue before the midterms, while expanding liquidity and boosting Bitcoin's upside.

Arthur Hayes argues that rising AI spending, power costs, job fears, and inflation could turn AI into a major U.S. political issue before the midterms, while expanding liquidity may drive Bitcoin sharply higher.

This week saw a dramatic rebound in beaten-down tech stocks: Oracle surged 27% (best since 1999), AMD logged 13 consecutive gains (+42%), and Microsoft posted its best week since 2015. Analysts link the rally to AI data center deals and easing geopolitical fears, which could lift risk appetite for crypto assets.

Oracle surged 27% (best since 1999), AMD gained 14% with 13-day winning streak, and Microsoft rose 14% (best week since 2015). AI power deals and US-Iran peace hopes fuel rebound. Tech ETFs hit records.

Oracle, AMD, and Microsoft lead a dramatic tech stock rally this week, driven by AI data center deals and hopes for US-Iran peace. The risk-on sentiment may spill over to crypto markets, boosting Bitcoin and altcoins.