Arthur Hayes, the BitMEX co-founder and Maelstrom's Chief Information Officer expressed his thoughts about the upcoming Fed interest rate cuts on September 18. He believes the rate cut will cause a major market slump,

Hayes explained that demand for tokenized Treasuries, a product affected by interest rates, could drop if rates stay low. He added that a rate cut could increase inflation and make the Japanese yen stronger,

BitMEX co-founder Arthur Hayes said risk assets such as cryptos could crash after the Federal Reserve cuts interest rates.

BitMEX co-founder Arthur Hayes believes that markets are going to collapse a few days after the Fed’s rate decision that is expected to finally come out today.

Arthur Hayes, chief investment officer of Maelstrom and co-founder of BitMEX, has made a bold statement that risk assets, including cryptocurrencies, could crash a few days after the first Fed rate cut, which is expected to be announced on Wednesday.