đ A record 19,197 Bitcoin (BTC) was withdrawn from the Binance exchange! This equates to a value of approximately $652 million. This transaction, noted by Blockchain.com, made a huge impact on the crypto market.
đ This event led to intense speculation and debate among analysts and investors. Important questions have been raised over the future of Bitcoin and its overall impact in the crypto world.
đč Bitcoin is trading at $34,304, up 0.6% in the last 24 hours and 11.3% in the last week. During this time, the digital currency experienced a peak of $34,750.11 and a low of $33,930.00.
đź Arthur Hayes, a famous name in the field of Bitcoin and crypto trading, made a bold prediction that the price of Bitcoin will rise to $1 million. Hayes thinks global war inflation will trigger a significant bull run in Bitcoin.
đ° Hayes suggests that the US military budget could increase significantly, which could increase government borrowing. If investors begin to doubt the safety of U.S. Treasuries, they may turn to alternative assets. Hayes believes that in this scenario, gold, and Bitcoin in particular, could gain value due to real concerns about global war inflation.
