Arthur Hayes: Tariffs May Spark Crypto Volatility, But Long-Term Outlook Remains Bullish

Tariffs Could Trigger Market Turbulence

Arthur Hayes warns that Donald Trump’s proposed tariffs, expected to take effect by July 9, may lead to short-term volatility in cryptocurrency markets.

Weaker Dollar Could Boost Crypto

He argues that these tariffs might weaken the U.S. dollar, potentially prompting central banks—especially the Federal Reserve—to inject liquidity through monetary easing. Such conditions have historically benefited Bitcoin and gold.

Growing Demand for Safe Havens

Hayes sees Bitcoin $BTC and gold as safe-haven assets amid global economic uncertainty. “Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” he says.

Bullish Price Projections

If quantitative easing returns, Hayes predicts Bitcoin$BTC could soar to $250,000 by the end of 2025

Medium-Term Upside Potential

While short-term volatility is expected Hayes believes that over time the broader crypto market stands to benefit—making these disruptions a net positive for digital assets

✅ Summary

Hayes believes that although tariff-related shocks may create near-term market swings they’re likely to be counterbalanced by central bank intervention—potentially setting the stage for Bitcoin to reach six-figure territory