A widely followed crypto analyst says that the actions of the U.S. Federal Reserve will crash Bitcoin (BTC) and the crypto markets in general.
In a new video update, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that the Fed may once again cause havoc in the crypto industry by continuing to raise interest rates as a means of countering inflation.
According to Merten, recent testimony from Fed Chair Jerome Powell is likely going to push Bitcoin below the $20,000 level “very soon” as the Fed springs liquidity traps.
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“The recent testimonies from Chairman Jerome Powell, from the Federal Reserve, in front of Congress where he was answering questions from Republicans and Democrats and essentially was trying to address why the Fed
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