Arthur Hayes: Bitcoin may replicate the trend of March 2023

ChainCatcher news, BitMEX co-founder Arthur Hayes stated that New York Community Bank's unexpected losses due to loan loss reserves issues may trigger a sell-off of its stocks, which could lead the Federal Reserve to soon activate the money printing machine. If New York Community Bank and some other banks sell off over the weekend, new rescue measures are expected to be implemented soon, and Bitcoin is likely to replicate last March's surge.