Arthur Hayes, co-founder and former CEO of BitMEX, has offered his perspective on why Bitcoin has recently experienced a significant decline. According to Hayes, theย 25% dropย in Bitcoinโs price since early October is not caused by changing political messages or global events but by a contraction in U.S. dollar liquidity.
For companies likeย Riot Blockchain Inc. (NASDAQ: RIOT)ย that have been around for a long time, such market reversals arenโt new and the firms are likely to ride this one out without beingโฆ
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