BitMEX founder and crypto veteran Arthur Hayes says Bitcoin has a path to a $1 million per BTC on the back of the Federal Reserve’s new Bank Term Funding Program (BTFP).

Recently, former Coinbase executive Balaji Srinivasan made a bet that Bitcoin would hit $1 million in 90 days because of sudden hyperinflation. While Hayes doesn’t think Srinivasan will win his bet, he does see the scenario playing out on a longer timeframe.

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