Former BitMEX CEO Predicts Bitcoin Rally Following Rate Cuts
Bitcoin has shown resilience, rebounding to $86,000 after the recent Federal Open Market Committee (FOMC) meeting. Arthur Hayes, the former CEO of BitMEX, suggests that this price recovery is just the beginning. He anticipates that the Federal Reserve will announce interest rate cuts on April 1, which could trigger a significant rally in Bitcoin. Such a development may bolster investor confidence and lead to a formidable upward price trajectory. As the market reacts to these predictions, traders are eager to position themselves ahead of potential gains.