Bitcoin Can Quickly Rally To $70000 After Fed Decision, Says BitMEX Arthur Hayes

BitMEX co-founder Arthur Hayes on Tuesday revealed that the U.S. Federal Reserve deciding to cut interest rates will make Bitcoin quickly rally towards $70,000. Hayes earlier considered Bitcoin to rise towards $70,000 after March, but the Fed hiked interest rates three times from March to the present. Sentiment Result

BitMEX co-founder Arthur Hayes on Tuesday revealed that the U.S. Federal Reserve deciding to cut interest rates will make Bitcoin quickly rally towards $70,000. Hayes earlier considered Bitcoin to rise towards $70,000 after March, but the Fed hiked interest rates three times from March to the present.