BitMEX founder Arthur Hayes stated that instead of trying to predict whether a potential market bubble in the AI sector will burst, he prefers to take long positions on Bitcoin (BTC) and Ethereum (ETH). Hayes pointed out the possibility of trillions of dollars in bailout packages in the future.
Hayes, commenting on the situation via the social media platform X, stated that uncertainties surrounding the future of the AI market persist. The renowned investor said he did not want to take a position on whether the sector would continue to rise or experience a sharp decline.
Hayes stated in his post, “I don’t know whether the AI market will eventually collapse, and I’m not betting either way. Instead, I’ll invest in the possibility of future multi-trillion dollar bailout packages.”
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