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Bitcoin at $100K? How Middle East Tensions Could Trigger a Massive Price Surge
- October 17, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsAs tensions rise in the Middle East, Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could experience a significant price surge. He believes that ongoing conflicts, particularly between Israel and Iran, could act as a catalyst for Bitcoin’s next bull run. War-related spending, rising inflation, and increasing energy costs could weaken fiat currencies like the U.S.