Crypto Exchange BitMEX’s Acting CEO: We Have Gone Through the ‘Valley of Death’

In that scenario, Lutz said, “we go back to quantitative easing [and] more money supply which drives inflation” and, in turn, “drives crypto prices to the extent that you use your crypto, bitcoin in particular, as an inflation hedge.” He said that’s what has occurred over the past two weeks.

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• Source: https://www.coindesk.com/business/2023/03/21/crypto-exchange-bitmexs-acting-ceo-we-have-gone-through-the-valley-of-death/?utm_medium=referral&utm_source=rss&utm_campaign=headlines