Arthur Hayes Warns of Bitcoin Volatility Amid Market Uncertainty
- Arthur Hayes, BitMEX co-founder, predicts a challenging month for Bitcoin due to US market uncertainty.
- US President Donald Trump’s tariffs announced on April 2nd may have lasting impacts on markets.
- Bitcoin is perceived as correlated with the Nasdaq, which could affect its performance.
- April 15th tax payments in the US may lead to asset sell-offs, impacting liquidity negatively.
- The Treasury’s monetary policy decisions could influence Bitcoin’s market liquidity.
- Bitcoin needs to hold $76,500 as support amid volatility; it is currently trading at $84,014.
Arthur Hayes highlights several factors contributing to Bitcoin’s potential volatility in April, including US tariffs and tax-related asset sell-offs. He emphasizes the importance of maintaining a $76,500 support level amid ongoing market fluctuations.
Source (2.6)https://dailyhodl.com/2025/04/05/arthur-hayes-issues-urgent-bitcoin-alert-says-april-is-going-to-be-a-tough-month-for-btc-heres-why/?rand=59076
