Arthur Hayes predicts bitcoin’s collapse to $ 100,000

Arthur Hayes, co-founder of BitMEX and head of the investment company Maelstrom, expects a sharp correction in Bitcoin BTC $113,349.63 Bitcoin -1.69% Market capitalization $2.26 trillion VOL. 24 hours $1.39 billion and Ethereum ETH $3,595.59 Bridged Ether (StarkGate) -2.32% Market capitalization $96.2 million VOL. 24 hours $1.88 billion prices due to possible macroeconomic shocks, including the possible introduction of new tariffs in the United States and weak labor market data. According to Hayes, a new package of tariffs in the third quarter, as well as the publication of July data on the creation of only 73 thousand jobs (against expectations of 110 thousand), may increase pressure on the markets.

Hayes predicts that under such conditions, Bitcoin could test the $ 100,000 level and Ethereum could reach $ 3,000. He also notes that no major economy is currently creating credit fast enough to stimulate GDP growth, so increasing the liquidity of fiat currencies is crucial for future cryptocurrency prices.

In anticipation of a correction, Arthur Hayes sold more than $ 8 million in Ethereum and a significant amount of Pepe memecoin PEPE $0.00001019 Pepe -4.96% Market capitalization $4.29 billion VOL. 24 hours $0.11 billion . The new US tariffs announced against 69 countries, which are associated with Donald Trump’s policies, as well as rising inflation, have an additional negative impact: the consumer spending index (PCE) in June was 2.6% yoy against 2.3% in May, exceeding the forecast of 2.5%.

At the time of writing, Bitcoin was trading at $ 114,865 (1.34% per day), and Ethereum at $ 3,555 (3.46%). Hayes has repeatedly noted that he expects the market to grow significantly in the long run, but currently advises to take into account the impact of monetary policy and new trade restrictions.