Odaily Planet Daily reports that Arthur Hayes stated that Bitcoin, as a global fiat liquidity indicator, has recently diverged from the performance of the Nasdaq 100 index, signaling an impending large-scale credit destruction event. The widespread adoption of AI will lead to 20% of white-collar knowledge workers losing their jobs, which could trigger approximately $557 billion in consumer credit and mortgage defaults by American commercial banks.
Arthur Hayes mentioned that even if Bitcoin drops from $126,000 to $60,000, the market would still face downward pressure if the Federal Reserve does not restart monetary expansion. He pointed out that once the Fed is forced to intervene due to a banking crisis, Maelstrom will deploy excess stablecoin positions into ZEC and HYPE. He predicts that HYPE will reach $150 in July, roughly five times its current level.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Price Just Flashed a Hidden Macro Retest – Analysts Predict the Real Fireworks
XRP is undergoing a significant macro breakout retest, suggesting potential for a notable upward move towards $15. Analyst insights indicate bullish momentum as buyers gain strength, with a successful retest validating the bullish outlook for sustained growth.
CaptainAltcoin3h ago
Cardano (ADA) Price Reclaims $0.26 as Volume Rockets 60% - U.Today
Cardano (ADA) has recovered to $0.26, up 3% with a 60% increase in trading volume. While analysts caution it remains range-bound, historical data suggests a potential bullish close in March, driven by market trends and DeFi growth.
UToday6h ago
JPMorgan Drops Bombshell: Bitcoin To $260,000 Soon!
JPMorgan Chase has reiterated its long-term outlook for Bitcoin, projecting a potential valuation of around $260,000. This estimate is based on comparative models that assess Bitcoin’s growth potential against traditional stores of value like Gold. Analysts suggest that over time, Bitcoin could
Coinfomania6h ago
Scaramucci says BTC's 4-year cycle still in play, forecasts rise in Q4
The current Bitcoin (BTC) bear market can be explained by the four-year cycle and long-term BTC holders selling at the $100,000 psychological level, according to Anthony Scaramucci, managing partner of the SkyBridge investment firm.
Bitcoin’s four-year market cycle has been “muted” by
Cointelegraph8h ago
Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows
Bitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities.
Key takeaways:
Bitcoin’s positive flip in S&P 500 correlation has historically preceded average declines of around 50% since 2018.
BTC
Cointelegraph10h ago
Texas Capital Securities initiates a buy rating on Strategy, with a target price of $200.
Gate News reports that on March 23rd, Texas Capital Securities, an investment bank with $3.5 billion in assets under management, initiated a buy rating on Bitcoin treasury company Strategy (MSTR) with a price target of $200.
GateNews11h ago
