CoinTelegraph - Arthur Hayes: Bitcoin bottomed as 'everyone who could go bankrupt has gone bankrupt'
The worst may be over for Bitcoin, according to Arthur Hayes, former CEO of cryptocurrency derivatives platform BitMEX.
Hayes believed but could not prove it, that it appears that the failed financial institutions attempted to liquidate as much bitcoin as possible just prior to the bankruptcy.
Further Hayes believes that the Fed's monetary policy tightening will cause the U.S. Treasury market to become dysfunctional in 2023, printing banks will ignite, then the boom will swing and bitcoin will soar.
Do you believe Hayes?
