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WARNING: Bitcoin’s About to Skyrocket Due to ‘Sugar High’ From Fed – Expert Who Used to Run Illicit Crypto Exchange Warns You!

A cartoon of a rollercoaster reaching its peak before plummeting downwards, symbolizing the 'sugar high' effect on the economy and crypto market; in the background, a giant money bag overflowing with cash is shown expanding to represent increased liquidity.

Just when you thought it was safe to go back into the cryptocurrency pool… Arthur Hayes is at it again, spewing his usual brand of snake oil about how Bitcoin’s going to moon because of some ‘sugar high’ from the Fed. Let me tell you something, folks – this guy used to run a crypto derivatives exchange that got shut down by regulators for being a hotbed of illicit activity. Talk about an expert on responsible financial practices… Hayes is now peddling his wares as a cryptocurrency guru, and if you believe him, more power to you.

Source: cointelegraph

Arthur Hayes, co-founder of BitMEX, has likened the United States Federal Reserve’s actions to that of a short-term “sugar high” for the economy, with rally ripple effects for crypto. In his latest article on Medium, Hayes directly connects some recent central bank decisions and the potential to push investors toward Bitcoin (BTC) and other cryptocurrencies. In particular, Hayes cites the US Federal Reserve rate cuts as a catalyst for a […]

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