Arthur Hayes: Trump's dominance in the Republican Party will determine Bitcoin's next move
2025-02-25 23:05:58
BitMEX co-founder Arthur Hayes said in an X post that the crypto market is currently entering a correction phase, waiting for further movement. If Trump fails to pass his budget to increase spending and raise the debt ceiling, bitcoin could return to the level before the election victory, that is, the $75,000 to $70,000 range, which will test whether Trump's control within the Republican Party is strong enough.
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