Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has taken to Twitter to express his concerns about the ongoing banking crisis in the United States and how it could affect the crypto market.
In particular, Hayes has highlighted the failure of San Francisco-based First Republic Bank which was sold to JP Morgan on May 1, and was another massive bank collapse story of 2023.
Hayes argues that the Federal Reserve has failed to take the necessary steps to address the root
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Author: Brenda Mary
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