Arthur Hayes, co-founder of the BitMEX exchange, supports the point of view of those experts who are waiting for Bitcoin to surge to $1 million. Moreover, he does not exclude that the largest digital currency can even exceed this psychological mark.
According to Arthur Hayes, the new bank financing program developed by the Federal Reserve System will not only improve the situation in the US economy, but also increase investor interest in alternative instruments.
The financing program will increase the cash reserves of US banks. They will receive capital in exchange for issuing government bonds.
Such a scheme will lead to an aggressive pumping of bitcoin and its rise to $1 million, the founder of the BitMEX exchange emphasized.
A similar forecast was voiced a few days ago by businessman Balaji Srinivasan, who was previously a member of the top management of the crypto company Coinbase.
In his opinion, over the next three months, BTC will be able to approach $1 million due to the entry of institutional investors into this digital asset.
