CoinVoice has recently learned that Thomas Peterffy, founder and chairman of Interactive Brokers, known as the 'father of high-frequency trading', believes in an interview with Bloomberg that a potential Bitcoin crash is one of the biggest risks that could lead to a decline in the stock market in 2025. The high leverage levels of the entire system are his main concern for a possible drop in U.S. stocks in 2025.
He explained that 'the risk of economic downturn is very high, as margin balances are growing very, very quickly. I am very concerned that people are overextending their financial capabilities... One area where margin risk has significantly increased is Bitcoin, thanks to the low fees charged by the Chicago Mercantile Exchange (CME) for Bitcoin futures.' [Original link]
