$BNB $BNB BitMEX co-founder predicts a sharp drop for cryptocurrencies

Arthur Hayes, co-founder of BitMEX and one of the leading cryptocurrency analysts, is not optimistic about the appreciation of Bitcoin (BTC). While the market is excited about the new highs, Hayes says there will still be a sharp correction in the prices of digital assets.

This prediction was the subject of the latest analysis published by Hayes in his newsletter on Tuesday (17). Interestingly, the analysis came just before the fall of BTC, which depreciated by 4% in the last 24 hours.