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Published on 7 May 2024 on Benzinga via Yahoo Finance

Arthur Hayes Says Bitcoin Has Bottomed: When Will $70,000 Be Reclaimed?

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Arthur Hayes Says Bitcoin Has Bottomed: When Will $70,000 Be Reclaimed?

CEO of BitMEX, Arthur Hayes has a long history within the cryptocurrency industry. Hayes graduated from the Wharton School of Business at the University of Pennsylvania. He began working as an equity derivatives trader in 2008. In 2014, he founded BitMEX, the leading cryptocurrency derivatives platform.

Hayes posted on the BitMEX blog to discuss the current state of Bitcoin and where he sees the price going in the future. In particular, he focuses on the Federal Reserve and Republic First Bank.

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