Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

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Source: Coindesk.com

Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post. U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.

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The post "Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says" appeared first here Coindesk.com.

Source: Coindesk.com

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