$BTC Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto.
Arthur Hayes Predicts Challenges for Bitcoin Amid Fed Policy Shifts
Arthur Hayes, co-founder of cryptocurrency exchange Bitmex, discussed his outlook on bitcoin and the broader crypto market in a blog post published Tuesday, outlining several potential scenarios that could affect prices.
Hayes highlighted the sensitivity of BTC to changes in dollar liquidity, noting that “bitcoin initially popped to $64,000 the day of the Powell Payroll Pivot,” but ...
