Coindesk
8 months agoBusiness
Arthur Hayes Foresees 30% Bitcoin Crash Amid 'Vicious Washout.' Here's Why
Depletion of the Fed's reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates.
Bitcoin could plunge 20%-30% in the rout but would quickly rebound, Hayes predicted. [ more ]