Crypto industry veteran Arthur Hayes is sounding the alarm, predicting a turbulent crash in the digital asset market in the coming month. As the co-founder of BitMEX, Hayes has a keen eye for market trends and economic indicators.
In a recent analysis, Hayes pointed to longstanding economic issues that he believes will make it “almost impossible” for US President-elect Donald Trump to retain control of both legislative chambers in 2026. This, according to Hayes, leaves Trump with limited time to achieve his policy goals.
Hayes predicts that Trump will need to make bold moves early in his presidency to appease a desperate and impatient population. One such move that Hayes anticipates is a massive devaluation of the dollar against gold within the first 100 days of Trump’s presidency. This devaluation, Hayes argues, would make production costs in America more competitive on a global scale, leading to an immediate increase in hiring and a resurgence of productive capacity within the country.
However, before the crypto market enters its anticipated “crack-up-boom” phase, Hayes warns of a potential downturn around Trump’s January 20th, 2025 inauguration day. In preparation for this potential market turmoil, Hayes mentions that his family office fund, Maelstrom, will be lightening up on certain positions in advance, with the hope of reacquiring core positions at lower prices in the first half of 2025.
As investors brace for potential volatility in the crypto market, staying informed and proactive is key. To stay up to date with the latest developments and market movements, subscribing to email alerts and monitoring price action is crucial. Additionally, following reputable sources like The Daily Hodl on social media platforms such as Twitter, Facebook, and Telegram can provide valuable insights and updates.
In conclusion, as the crypto market navigates potential challenges and opportunities, it is essential for investors to stay vigilant and informed. By keeping a close eye on market trends and expert analysis, investors can position themselves strategically to navigate the ever-changing landscape of digital assets.