BitMEX Founder Arthur Hayes Issues Warning, Says 2008-Style Market Crash To Claim More Crypto Casualties

BitMEX co-founder Arthur Hayes thinks the recent news about FTX could send Bitcoin (BTC) lower than $17,500. In a new tweet, Hayes compares the current crypto price downtick to the stock market crash in 2008. “FTX = Lehman. That wasn’t the bottom. SPX [S&P 500] hit 666 in March of 2009.