Arthur Hayes advises traders to go long Bitcoin and Ethereum instead of betting on an AI crash

BitMEX co-founder Arthur Hayes advises traders to hold long positions in Bitcoin (BTC) and Ethereum (ETH) rather than betting against an AI crash, expecting a multi-trillion-dollar bailout for the AI data center boom around late 2027 or 2028. Hayes argues that new money from this rescue will be absorbed by crypto assets, potentially lifting Bitcoin to $1 million or more, citing historical precedents like the 2008 financial crisis and the 2020 pandemic rescue.