📉 Arthur Hayes, co-founder of Bitmex, warns that the recent crypto market growth may face a "sell-the-news" event around Trump's inauguration. He predicts Trump will devalue the 🇺🇸 U.S. dollar against gold to attract companies back onshore, potentially boosting bitcoin in the long run. However, Hayes is skeptical about a strategic bitcoin reserve being approved, as politicians may prioritize spending new dollars on immediate benefits to secure election wins. This could lead to "buyers' remorse" and a sell-off in crypto. Hayes plans to reduce exposure, aiming to buy back at lower prices in 2025.