Arthur Hayes Expects Bitcoin’s Pullback To $100,000, Ethereum To Test $3,000 On Trump Tariffs-Induced Headwinds
Posted On August 4, 2025
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.
“No major econ is creating enough credit fast enough to boost nominal GDP,” Hayes noted. “So BTC tests $100,000, ETH tests $3,000.”
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