Bitmex’s Hayes: Fiat Instability Could Skyrocket Bitcoin

Quick Summary:

Arthur Hayes, the co-founder of the digital asset trading platform BitMEX, has predicted that the price of the world’s largest cryptocurrency by market capitalization, Bitcoin (BTC), will skyrocket if the fiat system implodes in the near future or "if more fiat liquidity chases assets with finite supplies.”  Hayes shared his thoughts on social media platform […]

The post Bitmex’s Hayes: Fiat Instability Could Skyrocket Bitcoin appeared first on Coin Edition.

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Article Details

Author / Journalist: Parth Dubey

Category: Crypto

Markets: IndiaAustraliaJapanMaliSingaporeUnited States

Topics: Market News BTC BitMEX Bitcoin News Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 08:21:40 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 146 words

Reading Time: 1 minutes read

Sentences: 43 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22099560

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Main Topics: Crypto

Official Website: coinedition.com

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