The 'Debasement Trade': The Next Wave in Financial Markets

Arthur Hayes, co-founder of BitMEX, raises his voice about a trend we haven't seen in two decades: traditional banks could start to sell gold, cryptocurrencies, and technological derivatives on a large scale.

What does this mean? We are facing a cycle change where financial institutions seek to diversify their portfolios against the devaluation of fiat currencies. This movement could bring:

Huge Institutional Flows

• Capital injection from traditional banking into alternative assets
• Possible unprecedented volatility in Bitcoin, gold, and tech stocks

What You Should Watch Out For

• Liquidity: Markets may experience sharp movements
• Capital rotation: Observe where institutional money flows
• Correlations: Crypto and TradFi could decouple in unexpected ways

This is one of those moments where macroeconomics collides with new finance. The coming months will be key to understanding whether this is a temporary rally or the beginning of a new market order.