In view of the increasing tensions worldwide, Arthur Hayes looks at problems for Bitcoin
Arthur Hayes, a co -founder of Bitmex, warns dealers warns of adapting to stormy times because the global markets are preparing for another round of economic tensions.
Since Donald Trump is expected to introduce one -sided tariffs again in the coming weeks, Hayes believes that this change of policy could lead to renewed fluctuations in cryptocurrencies.
The latest dynamic of Bitcoin, despite positive headlines such as the breakthrough in the trade dispute between the USA and China and an unexpectedly low inflation rate, came to a standstill. None of these developments could trigger the upswing necessary for a breakthrough, which indicates that the general uncertainty continues to strain heavily on risky systems.
Hayes advised the market participants in a contribution to X not to panic but to stay vigilant referred on macroeconomic headlines such as the possible customs wave and the stagnant policy of the Fed. While he had previously argued that the US Federal Reserve had to return to a money policy relaxation, the latest inflation data damped hopes for soon-to-be interest rate cuts.
Trump's renewed customs rhetoric has already unsettled the traditional markets. Equity futures have dropped in both the USA and Europe, the dollar has given in and investors flee into safe ports such as gold and government bonds. Behind the scenes, Trump's team should also strive for bilateral trade agreements with countries such as India and Japan – steps that could further change the global trade dynamics.
In view of the changing economic policy and the Bitcoin, which stuck below important resistance brands, the next steps of the market should depend less on technical factors than on geopolitical developments. Hayes' message? Stay on the floor – because it could quickly become turbulent.
