Arthur Hayes predicts Bitcoin pullback to 90,000 USD before Fed-backed stablecoins trigger next rally

Arthur Hayes predicts that Bitcoin’s price could dip to 90,000 USD before a significant increase, driven by bank-issued stablecoins. He suggests that this price correction will create buying opportunities amidst volatility.

Hayes emphasizes that fully regulated stablecoins could inject 6.8 trillion USD into the market, transforming investor sentiment and challenging major players like Tether. The enactment of the GENIUS Act could further enable massive liquidity for digital assets.

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