Bitcoin Braces for Potential Fallout as Yen Strengthens
Experts warn of a carry trade unwind event that could impact Bitcoin, similar to the early August sell-off linked to the strengthening Japanese Yen.
Experts warn of a carry trade unwind event that could impact Bitcoin, similar to the early August sell-off linked to the strengthening Japanese Yen.
Arthur Hayes predicts Bitcoin will drop below $50,000 amid the crypto market sentiment dropping to 'extreme fear,' the former Mt. Gox CEO will launch a new crypto exchange in September, and other news.
Arthur Hayes predicts Bitcoin will drop below $50,000 amid the crypto market sentiment dropping to 'extreme fear,' the former Mt. Gox CEO will launch a new crypto exchange in September, and other news.
BitMEX co-founder Arthur Hayes predicts Bitcoin could sink below $50,000 this weekend, pushing market sentiment into 'extreme fear' territory.