$BTC Could Drop to $100K, Warns Arthur Hayes After Selling $13M


Maelstrom CIO Arthur Hayes predicts $BTC could fall back to $100,000 levels amid mounting #macro headwinds.


Hayes recently sold over $13 million in crypto assets, including $8.32 million in $ETH, $4.62 million in $ENA, and $414,700 in $PEPE.


The bearish outlook stems from disappointing jobs data showing only 73,000 new positions added in July.


Sluggish credit growth and renewed tariff fears could pressure risk-on assets, Hayes argues.


$BTC has already fallen 7.7% from its $123,000 all-time high reached on July 14.


A drop to $100,000 would represent an 18.7% correction from current levels.

Bloomberg analyst Eric Balchunas counters that $BTC has shown "much less volatility" since BlackRock's ETF filing in June 2023.

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August 03, 2025 at 9:28 PM
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