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Benzinga
Benzinga
Business
Aniket Verma

Arthur Hayes Expects Bitcoin's Pullback To $100,000, Ethereum To Test $3,000 On Trump Tariffs-Induced Headwinds

Two,Coins,Bitcoin,And,Ethereum,On,A,Dark,Background.,Business

Arthur Hayes, Chief Investment Officer of Maelstrom and co-founder of BitMEX, anticipated a sharp correction in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) on Saturday due to potential macroeconomic jitters.

What Happened: In an X post, Hayes believed that a speculated U.S. tariff bill in the third quarter, coupled with the release of the lower-than-expected July jobs data, is likely to exert increased macroeconomic pressure.

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