BTC halving to fuel ‘raging firesale of crypto assets’ — Arthu | 🔸️Ethereum | Bitcoin & Altcoin News
BTC halving to fuel ‘raging firesale of crypto assets’ — Arthur Hayes
The Bitcoin halving this month, combined with a “bag of tricks” from the Federal Reserve and Treasury, will “add propellant to a raging firesale of crypto assets” and depress the crypto market for weeks, says BitMEX co-founder Arthur Hayes. In an April 8 blog post, Hayes wrote he believed the Bitcoin halving would “pump prices in the medium term” but warned crypto prices “directly before and after could be negative.”.
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