Arthur Hayes, co-founder of BitMEX crypto exchange, seems to be bullish for the digital asset market, specifically Bitcoin (BTC), amid the ongoing global bank crisis. Targeting Bank Term Funding Program (BTFP) report, he stated the Federal Reserve Board conducted a $4.4 trillion quantitative easing while helping the banks.
BitMEX Co founder in a tweet stated that BTFP is Yield Control by another name. He mentioned the traders to get ready for infinite money printing and Bitcoin price reaching $1 million.
(By Ashish Kumar)
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