Arthur Hayes, co-founder BitMEX He said his prediction of a 2,222% Bitcoin (BTC) price increase remains on track. After the US Federal Reserve announced that it will cut interest rates next year.
an actDecideThe Fed’s announcement on Wednesday will create a better macroeconomic picture for riskier assets like bitcoin, according to Hayes.
Earlier this month, Hayes suggested that interest rate cuts would send Bitcoin prices higher.
Hayes had previouslyHe saysIt is said that the Federal Reserve’s accommodative monetary policy will be one of the important reasons for the Bitcoin price to rise.
He also expects the price of Solana (SOL) to continue rising by more than 32% from its current value.
source: DailyHodl
Edith Wharton was a Pulitzer Prize-winning American novelist, short story writer, and designer best known for her insightful portrayals of upper-class society in the United States. Her works remain celebrated for their elegance, social commentary, and psychological depth.