As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'

With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine. “The shock of canceling the world’s largest energy producer from the dominant Western financial system cannot be undone,” Hayes wrote in a new lengthy essay titled The Doom Loop....Read More: As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'