The $129b reason why Bitcoin will fall even lower

Bitcoin’s decline following the launch of US spot exchange-traded funds is a signal of what’s to come for US financial markets, BitMEX co-founder Arthur Hayes wrote in a blog post on Wednesday. The asset is down 6% this week to $40,000 after clawing back losses from Tuesday’s trading session that…#bitmexco #arthurhayes #grayscale #etf #gbtc #dlnews #btfp #federalreserve #siliconvalleybank #departmentoftreasury

Source: Reuters: Health - January 25, 2024 Category: Consumer Health News Source Type: news