12-12-2022 15:04 via newsbtc.com

Bitcoin Bottom Or More Pain? Here’s What BitMEX Founder Arthur Hayes Thinks

Arthur Hayes, the co-founder of crypto derivatives platform BitMEX and Bitcoin pioneer, has spoken out about the current state of the market in an interview with Scott Melker.
Despite the threat of a looming recession in the U.S., Hayes believes Bitcoin is in a bottom phase. According to him, the origin of the boom-and-bust cycle is the rampant monetary policy.
“If we take a step back and look at why BTC went up so high because [… ] the biggest economy in the world printed the most
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