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CoinGape 2024-06-21 22:17:10

Could Japan’s Banking Crisis Trigger Another Bitcoin Rally? Arthur Hayes Think So

Arthur Hayes, the co-founder of BitMEX, recently suggested that Japan’s banking system is on the brink of a significant crisis, potentially leading to another surge in Bitcoin (BTC) and cryptocurrency markets. He argues that Japanese banks, burdened by large amounts of underwater U.S. government bonds, will require a substantial bailout soon, similar to the situation The post Could Japan’s Banking Crisis Trigger Another Bitcoin Rally? Arthur Hayes Think So appeared first on CoinGape .

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