Interactive Brokers chairman Thomas Peterffy spoke in an interview with Bloomberg.
bitcoin crash could trigger a broader stock market declinerising leverage in bitcoin futures poses significant risks to broader assets”A downturn is a very big risk because margin balances have been growing very, very quickly,”
“I am very worried that people overextended themselves,”(BTC is) “basically just a figment of the imagination, so it doesn’t have any underlying value”
Earlier, an opposing view:
Scaramucci predicts Bitcoin to US $200,000 by the end of 2025
This article was written by Eamonn Sheridan at www.forexlive.com.