Bitcoin News Editor's Picks

CEO BitMEX: “Get Ready for $ 20,000 Bitcoin”

The Bitcoin exchange rate to the dollar, in the near future may jump to a historic high of $ 20,000 against the backdrop of emergency measures by the US Federal Reserve System (FRS), said one of the largest companies in the industry BitMEX

In his tweet, today, September 18, Arthur Hayes, CEO of giant BitMEX, predicts that the Fed’s new quantitative easing, monetary policy, used by central banks to stimulate national economies, will further reduce the belief in fiat currency. Especially considering the fact that the European Central Bank is also showing trends in QE.

The comment was published the day after the Fed sharply reduced interest rates on some loans, which reached more than 10%, or four times higher than the target. Over $ 53 billion was pumped into the economy.

And although the cryptocurrency has not yet seen the global crisis of 2008 (it was after this crisis that bitcoin was created), markets have shown that the price of BTC benefits from political and economic uncertainty.


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