Arthur Hayes, director of the investment of the Maelstrom Fund fund, warned that the growing macroeconomic pressure could drag Bitcoin back to $ 100,000 – and in anticipation of cryptographic profits.
Hayes associated the recent withdrawal of cryptocurrencies with renewed tariff fears caused by disappointing non-economic report, which showed only 73,000 recent jobs added in the USA in July-economic fragility.
Hayes also pointed to a sluggish loan growth in the main economies, tightening the nominal growth of the gross domestic product in the warning that Bitcoin (BTC) and Ether (ETH) can fall at 100,000 and 3000 USD.
Hayes sold over USD 13 million ETH, ENA and Pepe
His comments He came on Saturday answer To post X from the Blockchain Analytics Lookonchain platform, which emphasized that Hayes recently cut off ETH worth $ 8.32 million, $ 4.62 million Etena (ENA) and $ 414 700 pepe (pepe) Memecoin.
The Hayes’ portfolio, which carried out the last sale, currently contains $ 28.3 million tokens, and $ 22.95 million parked in USDC (USDC) Stablecoin, According to to Arkham Intelligence Data.
Bitcoin on the edge of two -digit correction
Hayes’ comments reflect wider fears that macro winds can stop the cryptographic shoot. Tight loans, renewed tariffs and a bland labor market can exert pressure on risk assets by testing investors and potentially releasing the correction.
Bitcoin dropped by over 7.7% compared to a high level of USD 123,000, which he set on July 14, while Ether fell by 12.5% since the eclipse of the 3,900 USD barrier on July 28, Coingecko, Coingecko, Coingcko data can be seen.
The drop in the price of bitcoins up to $ 100,000 would mean a correction by 18.7%.
Bitcoiners say it’s different this time
However, many industry analysts believe that Bitcoin has passed the two -digit major days.
Among them is the analyst Bloomberg ETF Eric Balchunas, who excellent That since the submission of Blackrock Bitcoin ETF in June 2023, Bitcoin has experienced “much less variability and lack of vomiting.”
Related: Ray Dalio sells the final participation in Bridgewater after anticipating the collapse of the debt
Mitchell Askew, Bitcoin Mining Main Analyst Bockware Solutions In addition: “Parabolic days of bull markets and destructive bear markets are over.”
Warehouse: Cryptographic traders “cheat” with price forecasts: Peter Brandt