Arthur Hayes: There is no secret conspiracy causing crashes in the cryptocurrency market

BTC-1,5%

Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC derivatives do not cause price volatility; they only amplify fluctuations in both directions. There is no secret conspiracy in the cryptocurrency market to cause a crash. Without government bailouts, the market can quickly clear over-leveraged investors and restore an upward trend.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto News Today: Pepeto Presale Delivers Faster Math Than BTC’s 88% Odds of $122K as ARK Invest Buys $19M Dip

An 88% chance Bitcoin hits $122,000 within ten months sounds like a gift. But that is an 85% return from current levels, and it takes almost a year. ARK Invest bought $19 million at 15 month lows. Bernstein calls for $150,000. Wells Fargo sees $150 billion in fresh capital entering by end of

CaptainAltcoin1m ago

Middle East geopolitical conflicts boost demand for safe-haven assets. What are the defensive assets?

The escalating conflict in the Middle East has triggered investor demand for safe-haven assets, including the US dollar, gold, and the Swiss franc. Shipping safety in the Hormuz Strait has become a focal point, with potential oil price increases possibly adding to global inflationary pressures. The stock market is facing re-pricing, with defensive sectors performing better, while Bitcoin experiences significant volatility amid market fluctuations. The UAE Securities Exchange will be closed due to the conflict, impacting economic stability.

ChainNewsAbmedia7m ago

Hyperliquid Whale Sees $42M Bitcoin Long Position Partially Liquidated After BTC Pullback

A trader on Hyperliquid made a risky $42 million long bet on bitcoin using 40x leverage, which partially liquidated after BTC fell below $66,000. Now, with a precarious position, further losses could trigger another liquidation as the account's equity drops significantly.

Coinpedia2h ago

Bitcoin Undervalued vs Gold: Analyst Signals Rally Ahead

Bitcoin (CRYPTO: BTC) is widely cited as undervalued when measured against traditional stores of value like gold and the broad money supply, according to Samson Mow, the chief executive of Bitcoin technology firm Jan3. In a Saturday post on X, Mow argued that BTC sits roughly 24% to 66% below its tr

CryptoBreaking2h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)