Arthur Hayes has cautioned that increasing macroeconomic pressures could push Bitcoin to a level of 100,000 USD, prompting him to liquidate over 13 million USD in cryptocurrencies including Ether.
Factors such as new tariffs and a lackluster job market reflect negatively on investor sentiment. The recent US Non-Farm Payrolls report revealed only 73,000 new jobs added, highlighting economic fragility.
Despite these concerns, some analysts believe Bitcoin’s historical volatility may be decreasing, particularly following ETF filings since June 2023.
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