Coin-Turk 24 minutes ago
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Bitcoin’s price has plunged nearly 4%, dropping below $101,000 due to significant selling pressure in the overall crypto market, particularly ahead of the FOMC meeting. Despite struggling to break the resistance at $106,000, former BitMEX CEO Arthur Hayes suggests that Bitcoin 
$99,276 could decline to as low as $70,000.
Hayes’ Predictions
Arthur Hayes forecasts that Bitcoin will fall to $70,000 before it begins to climb again. He believes that this will coincide with the U.S. Federal Reserve returning to money printing.
“A correction of BTC ($99,164.43) to 70k-75k will occur alongside a mini financial crisis, followed by a rise to $250k by year-end,” Hayes states.
Corrections in Altcoins
The decrease in Bitcoin’s market has also led to declines of 5-10% in altcoins like Ethereum
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