Arthur Hayes predicts short-term market crash on rate cuts: Token2049

BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market.

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As investors anticipate the first rate cut by the United States Federal Reserve in four years, BitMEX co-founder Arthur Hayes has shared his perspective on how these potential cuts could affect the cryptocurrency market.

Hayes delivered the keynote speech at Token2049 in Singapore on Sept. 18, “Thoughts on Macroeconomics Current Events.”

He addressed holding 5%-yielding Treasury Bills (T-bills) versus investing in cryptocurrencies in the context of potential market changes arising from the Fed’s rate cut decision that is expected to finally come out on Sept. 18.

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