Arthur Hayes Predicts Crypto Trouble Ahead of Trump’s Tariffs: “Don’t Get Shook”
President Donald Trump is back with a bold move: he plans to introduce unilateral tariffs in the coming weeks. The timing, just after a shaky U.S.-China trade deal, has raised fresh concerns about a new round of global trade tensions.
Markets are already feeling the pressure and crypto is no exception.
Global Sell-Off Begins as Tariff Clock Ticks
Trump’s tariff plans have sparked a pullback across global markets. European and U.S. equity futures have dropped as investors brace for what could be another hit to international trade.
The dollar has weakened, gold prices have surged, and Treasury yields are falling - all signs that investors are moving to safer assets.
BitMEX founder Arthur Hayes is sounding the alarm. Taking to X, he warned, “Don’t get shook,” as he predicted rising volatility across crypto markets in the days ahead.
https://twitter.com/CryptoHayes/status/1933022647933370866
Bitcoin Drops Below $110K, Altcoins Follow
Bitcoin started the week strong, riding the wave of global liquidity. But the rally didn’t last. After being rejected at the $110,000 resistance level, BTC is now down 1.66%, trading near $107,750.
Altcoins are in the red too. Dogecoin is seeing the steepest drop among the top ten, down 7% in just 24 hours.
Even a lower-than-expected U.S. CPI reading wasn’t enough to boost market sentiment. Traders are growing increasingly cautious as macro uncertainty piles up.
More Trade Moves Coming
At the same time, the Trump administration is also pushing for bilateral trade deals with major economies like India, South Korea, and Japan. The goal is to strengthen America’s economic position but these moves could also raise tensions in global trade even further.