Hyperliquid’s oil perpetual contracts hit an all-time high as crypto-native traders shifted into commodity-linked derivatives amid escalating Middle East conflict.
Arthur Hayes, co-founder of BitMEX, says escalating U.S.- Iran tensions could trigger Federal Reserve monetary easing - ultimately sending Bitcoin and high-quality altcoins significantly higher.
His thesis: since 1985, major U.S. military campaigns in the Middle East have often been followed by rate cuts or liquidity expansion to help finance war-related costs. He points to the 1990 Gulf War, and the 2009 Afghanistan surge as examples of this pattern.