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The Impact of Cryptocurrency Decline on US Economy, Tchir Believes

Peter Tchir, the chief strategist overseeing macro trends at Academy Securities, anticipates that the repercussions of Sam Bankman-Fried’s expansive FTX realm will extend to affect the US economy. He foresees a scenario where Bitcoin’s value could plummet below $10,000 in the year 2023. These insights were shared during an appearance on “Bloomberg Surveillance.”

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