Bitcoin (BTC) Rally in 2023 Fueled by One Major Factor, Arthur Hayes Reveals
Bitcoin Bitcoin (BTC) Rally in 2023 Fueled by One Major Factor, Arthur Hayes Reveals बिटकॉइन एथेरियम समाचार BitMEX co-founder and former chief executive officer Arthur Hayes has साझा a recent revelation that explains why Bitcoin (BTC) has recorded the uptrend it has recorded thus far this year. According to the veteran crypto trader, Fear, Uncertainty and Doubt (FUD) appears to be what is powering the current bull market. $ बीटीसी 2023-? FUD द्वारा संचालित बुल मार्केट। pic.twitter.com/wQuf3ny2vp - आर्थर हेस (@CryptoHayes) मार्च २०,२०२१ Since the start of the year, Bitcoin has recorded 71% growth, attaining a high of $28,803.34 in the past 90 days. The digital currency ecosystem has witnessed a lot of intense uncertainty thus far this year, with 2023 opening up with Digital Currency Group (DCG) and its subsidiary, Genesis Global, bleeding from the aftermath of the collapse of the FTX Derivatives Exchange. Genesis eventually filed for bankruptcy amid fear that the parent company would sell off thousands of Bitcoin tied to Grayscale, a trend that could have stirred a massive slump in the price of Bitcoin. Surprisingly, the digital currency survived this onslaught, and its price remained resilient. This year has also seen the collapse of two major banks powering the ecosystem, including Silvergate and