Arthur Hayes comments on Japan's economic policy, which will drive Bitcoin to 200 million yen, approximately 1.3 million dollars

ChainCatcher message, BitMEX co-founder Arthur Hayes stated: The Bank of Japan issued a profound statement, "Given the increasing uncertainty of the domestic political situation and the global economic weakness indicated by the Federal Reserve's continued rate cuts, we believe it is best to maintain the current policy unchanged in order to further drive inflation (without specifying the measurement indicators) to reach our 2% target." Translated, this means that the price of Bitcoin will reach 200 million yen (approximately 1.3 million USD).