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Arthur Hayes Predicts Bitcoin Drop To $70K As Huge AI News Disrupts Crypto And Stocks

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Mehab Qureshi
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Jan 31, 2025 12:36 AMPublished Jan 31, 2025 12:36 AM
Bitcoin and the crypto market saw a massive drop earlier this week, with over $1 billion liquidated in a single day. Is this the start of a bearish phase, or just a temporary pull back? A major shake-up in the AI sector may have played a role, triggering panic across the stock market. Meanwhile, former BitMEX CEO Arthur Hayes warns of a potential correction before Bitcoin surges to new highs.
www.thestreet.comArthur Hayes Predicts Bitcoin Drop To $70K As Huge AI News Disrupts Crypto And Stocks Bitcoin and the crypto market saw a massive drop earlier this week, with over $1 billion liquidated in a single day. Is this the start of a bearish phase, or just a temporary pull back? A major shake-up in the AI sector may have played a role, triggering panic across the stock market. Meanwhile, former BitMEX CEO Arthur Hayes warns of a potential correction before Bitcoin surges to new highs.
ChatGPT•Stock Market•Cryptocurrency•Stocks•Ethereum•Artificial Intelligence•XRP•AI
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