Arthur Hayes Predicts Bitcoin Decline Amidst Liquidity Crunch

Crypto veteran Arthur Hayes warns of a potential downturn for Bitcoin, citing reduced ETF inflows and dollar liquidity contraction as key drivers. This concern stems from the dwindling support of institutional investors, particularly those investing in exchange-traded funds (ETFs) that have seen their value fall below net asset values (mNAV). Hayes believes these factors suggest a shift away from previous market buoyancy and indicate an end to the liquidity influx that fueled Bitcoin’s growth. This has led to concerns among crypto traders and analysts alike, prompting speculation about potential market corrections.