Arthur Hayes cautions about potential decline of Bitcoin below $60,000., 2026/04/07 12:50:10

Co-founder of the cryptocurrency exchange BitMEX, Arthur Hayes, has indicated that Bitcoin may experience a sharp decline in the short term before entering a phase of sustained growth. This is influenced by stringent macroeconomic conditions and an increase in global risks.

In a podcast interview with Coin Stories, Hayes mentioned that he would refrain from investing in Bitcoin at the current price levels. He elaborated that the U.S. Federal Reserve has not yet provided the liquidity influx necessary for the recovery of risky assets, including Bitcoin.

According to Hayes, short-term risks remain elevated. He cautioned that escalating geopolitical tensions, particularly between the U.S. and Iran, could trigger a significant market sell-off. In such a scenario, the price of Bitcoin could drop below $60,000 before any recovery begins.

The expert also highlighted an additional risk — the rapid advancement of artificial intelligence, which could lead to job reductions and a deflationary contraction in lending. He believes this will exert pressure on risky assets, including cryptocurrencies.

Despite the negative short-term outlook, Hayes is optimistic that Bitcoin will continue to rise in the long run. He linked this potential growth to possible shifts in the U.S. central bank’s policy amid increasing economic pressures.

Hayes estimates that in the future, Bitcoin’s price could range from $250,000 to $750,000, provided there is a substantial influx of liquidity.

As factors that could expedite this process, Hayes identified U.S. trade policy and geopolitical tensions. He opines that these conditions may lead to tighter capital movement controls while simultaneously easing monetary policy, thereby increasing liquidity.

A month ago, Hayes stated that the conflict in the Middle East could adversely affect the price of the leading cryptocurrency.