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Massive money creation could triple COVID stimulus impact, sending Bitcoin soaring, says Swiss hedge fund manager.

Market News
01 Nov 2026, 12:20 WIB
Tokenpost
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Bullish
Massive money creation could triple COVID stimulus impact, sending Bitcoin soaring, says Swiss hedge fund manager.

Swiss hedge fund manager Richard Byworth predicts that a significant increase in money creation, potentially three times larger than the COVID-19 stimulus, could cause Bitcoin prices to surge sharply. He also highlighted current strains in the bond market and emphasized the need for Treasury control over the yield curve. If such monetary expansion occurs, Bitcoin could experience a strong upward movement, reflecting investor response to increased liquidity and economic stimulus.

Richard Byworth's views on Bitcoin and money printing come as Pluang reports on cryptocurrency market breadth. As of Nov 01, 2026 16:41 WIB, 34 of 50 major cryptocurrencies rose while 15 fell. Notable price changes include AVAX up 4.45% at Rp159.542 and TRX down 4.05% at Rp5.567, with typical hold times ranging from 76 to 106 days.

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