Arthur Hayes, co-founder of BitMEX, recently analyzed Bitcoin‘s current market dip below $90,000, attributing it largely to reduced dollar liquidity rather than underlying issues with the cryptocurrency itself. Hayes suggests that external financial factors, such as the diminishing impact of ETF arbitrage and digital asset treasuries, are intensifying selling pressures.
Continue Reading:Bitcoin’s Price Predictions: A Dance with Dollar Liquidity
Source: https://en.bitcoinhaber.net/bitcoins-price-predictions-a-dance-with-dollar-liquidity