Bitcoin Has Likely Bottomed At $74,500, $200,000 Is On The Table, Says Arthur Hayes
Posted On April 23, 2025
Bitcoin (CRYPTO: BTC) has likely bottomed at $74,500, according to BitMEX co-founder Arthur Hayes.
What Happened: Hayes, now Chief Investment Officer at Maelstrom, attributes this call to U.S. policy shifts following President Donald Trump‘s tariff adjustments, which he believes will drive future liquidity and support Bitcoin’s price.
In his essay published on Wednesday, Hayes analyzes the impact of Trump’s tariff policies on global financial markets, describing the initial tariff announcement on April 2 as a “ski cut” that triggered significant market volatility.
The MOVE Index, a measure of U.S. bond market volatility, spiked to 172, prompting a swift policy pivot.
Within a week, Trump …
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