Bitcoin faces $15K crash as US sparks 'financial meltdown' — Arthur Hayes

Bitcoin faces $15K crash as US sparks ‘financial meltdown’ — Arthur Hayes


In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic woes.

Hayes: Crypto will “get smoked” in Fed pivot

Bitcoin’s current rally should likely not be taken as the start of a new bull run.

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That is the opinion of Arthur Hayes, who in a fresh treatise on U.S. macroeconomic policy this week warned that current Federal Reserve behavior would flip from restrictive to liberal, but cause cryptoassets to “get smoked.”

With U.S. inflation easing, the Fed is the focus of practically every crypto analyst this year as they estimate the likelihood of a policy “pivot” away from quantitative tightening (QT) and interest rate hikes to flat and then decreasing

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