The cryptocurrency market staged a "Black Monday" (7th), with Bitcoin plummeting to a low of $74,501 and Ethereum falling to $1,411, causing a wailing in the market.However, as market panic continued to intensify, legendary trader and co-founder of BitMEX exchange Arthur Hayes posted on the social platform X last night that he was constantly buying Bitcoin during the market decline: I have been buying Bitcoin in batches all day and will continue to do so. Altcoins are also entering my buying range, but I think Bitcoin's dominance will rise to 70%, so I will not make large investments in altcoins yet. Remember, printing money will be the only antidote.Hayes predicts: Bitcoin will hit $250,000...
The cryptocurrency market staged a "Black Monday" (7th), with Bitcoin plummeting to a low of $74,501 and Ethereum falling to $1,411, causing a wailing in the market.However, as market panic continued to intensify, legendary trader and co-founder of BitMEX exchange Arthur Hayes posted on the social platform X last night that he was constantly buying Bitcoin during the market decline: I have been buying Bitcoin in batches all day and will continue to do so. Altcoins are also entering my buying range, but I think Bitcoin's dominance will rise to 70%, so I will not make large investments in altcoins yet. Remember, printing money will be the only antidote.Hayes predicts: Bitcoin will hit $250,000...
