Liquid Capital founder sees Bitcoin below $76,000 if Fed raises rates

  • Yi Lihua outlined two cryptocurrency market scenarios and three potential investment areas.
  • $76,000 is the Bitcoin level Yi cited if the Fed raises rates.
  • Changpeng Zhao also raised moving stock trading and IPOs onto blockchain.

Liquid Capital founder Yi Lihua said stronger expectations of interest-rate increases over the past two days have split the cryptocurrency market over its likely direction. He outlined two scenarios: Bitcoin could fall below $76,000 and face short-term volatility if the Fed raises rates, followed by a possible market rebound; if rates remain unchanged, the current uptrend could continue. Given the uncertainty, Yi said unleveraged spot trading was more suitable. He identified three potential opportunity areas: spot exposure to major crypto assets such as Bitcoin and Ethereum, which he said could deliver approximately four times the return; transaction infrastructure, where he sees potential growth of up to 100 times; and moving stock trading and initial public offerings onto the blockchain. Yi said on-chain issuance and trading could produce higher-quality and unexpectedly emerging assets, reducing the importance of token models based solely on project documentation. Changpeng Zhao, founder of Binance, has also raised the third area. The comments were not investment advice.

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Liquid Capital founder sees Bitcoin below $76,000 if Fed raises rates - CoinPost Terminal