Arthur Hayes Issues Warning on US Banking System, Says Bitcoin ‘Loves’ One Possible Outcome of a Bank Crisis
BitMEX co-founder Arthur Hayes says that Bitcoin (BTC) could benefit from a potential crisis in the US banking system. According to Hayes, the “US banking crisis is back” with the Manufacturers and Traders (M&T) Bank being one of the banks likely to face insolvency issues due to high exposure to commercial real estate (CRE) in...