- Arthur Hayes predicts Bitcoin at $100,000 and Ethereum at $3,000 due to a US tariff bill and weak NFP data.
- Recent asset sales by Hayes signal a strategic shift amid credit crunch fears.
- His WebX Asia keynote on August 25, 2025, promises deeper insights into macro trends.
As the crypto market braces for potential turbulence, Arthur Hayes, co-founder of BitMEX and a prominent voice in the cryptocurrency space, has issued a bold prediction.
In a post on X, Hayes linked the looming US tariff bill in the third quarter to economic stagnation, citing the recent Non-Farm Payrolls (NFP) report showing only 73,000 jobs added in July 2025—a stark contrast to expectations. He forecasts Bitcoin testing the $100,000 mark and Ethereum dropping to $3,000, reflecting market fears of a credit crunch as major economies struggle to boost nominal GDP.
Hayes’ analysis draws on macroeconomic trends, including historical data from the Tax Foundation, which estimates a 0.2% GDP decline due to tariff-related retaliation. The weak NFP print, revised down significantly for May and June, underscores a slowdown in credit expansion—a key driver of economic growth. This aligns with his view that no major economy is creating sufficient credit, a scenario that often pressures asset prices, including cryptocurrencies. His recent sale of 2,373 ETH ($8.32M), 7.76M ENA ($4.62M), and 38.86B PEPE ($414.7K), as reported by Lookonchain, suggests he’s adjusting his portfolio ahead of this anticipated downturn.
The crypto community has mixed reactions, with some accusing Hayes of flip-flopping after his earlier optimistic “to infinity” article, while others see this as a calculated move based on his derivatives trading expertise. He plans to elaborate on these insights during his keynote at WebX Asia in Tokyo on August 25, 2025, offering a deeper dive into how global trade policies might shape crypto markets. For now, investors are watching closely as the tariff bill’s impact unfolds, with Hayes’ predictions adding fuel to the ongoing debate about cryptocurrency’s resilience in uncertain economic times.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
