Arthur Hayes Predicts Bitcoin May Reach $1 Million

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Arthur Hayes Predicts Bitcoin May Reach $1 Million
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Controversial crypto entrepreneur previously made the same prediction for 2030

Back then, the bullish prediction came after the euro and the dollar approached parity for the first time in two decades.China's decision to cut the RRR is seen as a move to support lending and strengthen the economy's recovery from pandemic restrictions and a property market slump. Economists believe that the cut will help maintain liquidity in the banking system and sustain the rapid pace of lending seen in January and February.

As global financial markets continue to experience uncertainty and fluctuations caused by the ongoingEarlier today, the Bitcoin price surged past $26,000 following the bankruptcy filing of Silicon Valley Bank, with other cryptocurrencies like Ether and Dogecoin also recording significant gains as investors worry about crypto companies' lack of access to banks in the U.S.

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