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CoinGape 2024-02-07 16:13:34

Bank Run: Bitcoin Bull Says NYCB on Brink of Bankruptcy After Downgrade And Lawsuit

Billionaire crypto investor Arthur Hayes on Wednesday said New York Community Bankcorp (NYCB) gradually moving from a ‘junk’ downgrade by Moody’s to ‘bankruptcy’ amid recent setbacks. He predicts Bitcoin price will rally in response to upcoming Fed money printing. NYCB’s Bankruptcy Scenario by Arthur Hayes New York Community Bankcorp (NYCB) credit rating was downgraded to The post Bank Run: Bitcoin Bull Says NYCB on Brink of Bankruptcy After Downgrade And Lawsuit appeared first on CoinGape .

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