BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K

Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in liquidations. The Crypto Fear & Greed Index shows “extreme fear,” reflecting growing market anxiety. In recent days, the cryptocurrency market has been awash with uncertainty, with Bitcoin’s price taking a significant tumble. After slipping below […]

Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor

Former BitMEX Chief Arthur Hayes recently made waves in the crypto world with his bold prediction that Bitcoin is set to reach $70,000 in the near future. This optimistic forecast comes amidst a flurry of excitement surrounding the world’s most popular cryptocurrency.  With Bitcoin already gaining significant momentum in recent years, Hayes’ projection suggests that […]

BitMEX co-founder says BTC price may rise if monetary policies tighten

The Federal Reserve has increased its benchmark rate from 0.25% to 5.25% over the past year. BitMEX co-founder believed that bondholders might seek more lucrative “risk assets,” such as Bitcoin. Bitcoin’s four-year cycles might be linked to central banks’ low-rate policies. Challenging the conventional wisdom regarding the relationship between Bitcoin and interest rates, BitMEX co-founder […]