Despite the collapse...there is a possibility that
#bitcoin will rise to $70,000 quickly!
_Revealed Arthur Hayes, co-founder of
#BitMEX . On Tuesday, the US Federal Reserve's decision to cut interest rates will make
#bitcoin quickly rise towards
#dollar 70,000. Hayes previously believed that Bitcoin would rise towards $70,000 after March. But the Fed has raised interest rates three times from March to the present. Federal Reserve Chairman Jerome Powell said he will rely on inflation and jobs data to make his next decision. Can
#bitcoin Rise to $70,000 If the Fed Cuts Interest Rates? Macroeconomic analysts have been trying to predict when the US Federal Reserve will stop raising interest rates or shift since the central bank continued to raise interest rates after the bank's collapse in March. Meanwhile, the Fed's balance sheet declined amid the debt ceiling crisis.
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