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Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’

Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’

Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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