Arthur Hayes: Crypto investors' high expectations for Trump could lead to a vicious sell-off
Arthur Hayes wrote "Trump Truth", arguing that there is a huge gap between cryptocurrency investors' high expectations of how quickly Trump can change things and the reality that Trump has no politically acceptable solution to implement such a change quickly. Markets will immediately recognize that Trump has up to a year to implement any policy changes on or around January 20. This realization will lead to a vicious sell-off in cryptocurrency and other Trump 2.0 stock trading.