Arthur Hayes Says Bitcoin Can Hit $1M by 2030 as ‘Hated Rally' Begins
Bitcoin
Bitcoin (CRYPTO: BTC) has likely bottomed near $58,000-$60,000 and could grind higher into a "hated rally" as the U.S. moves toward de facto yield curve control, according to BitMEX co-founder Arthur Hayes. Speaking on Cointelegraph's "Trade Secrets" on Friday, Hayes said the market is starting to understand that U.S. debt is too large and too expensive to finance without more liquidity support.
BTC
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.