$BTC "Arthur Hayes: Bitcoin will definitely reach $1 million thanks to revolutionary changes in leverage!"
Former CEO of the cryptocurrency exchange BitMEX, Arthur Hayes, is confident that Bitcoin will inevitably reach $1 million. He attributes this to changes in the regulation of the supplementary leverage ratio (SLR), which he says will act as a catalyst for increased liquidity in the markets. When American banks are able to use unlimited leverage to purchase government bonds, it will increase the money supply and accelerate the growth of the first cryptocurrency.
Hayes noted that such changes in financial rules will help finance the growing national debt and create conditions for explosive growth of Bitcoin. "These events are yet another step toward Bitcoin's price potentially reaching $1 million," he believes. Earlier, Hayes also emphasized that the global increase in the money supply will contribute to this growth.
Bitcoin is on its way to new heights!