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BitMEX Founder Arthur Hayes Draws Attention to Donald Trump's Presidency Date: 'Turbulence Possible!'

BitMEX Founder Arthur Hayes Draws Attention to Donald Trump's Presidency Date: 'Turbulence Possible!'

BitcoinsistemiBitcoinsistemi2024/12/18 12:55
By:Utku Yanık

Arthur Hayes predicted that there would be significant turbulence in the cryptocurrency markets around January 20, 2025, when Donald Trump becomes president.

BitMEX co-founder Arthur Hayes has predicted significant turbulence in cryptocurrency markets around the scheduled presidential inauguration date of Donald Trump on January 20, 2025.

Arthur Hayes Predicts Crypto Market Volatility During Trump's 2025 Inauguration

Hayes expressed his concerns in a social media post, suggesting that this incident could trigger a “regrettable dump” in crypto markets.

Hayes said he plans to adjust his investment strategy to mitigate potential losses, including reducing certain positions ahead of the expected volatility.

It also stated its intention to repurchase underlying positions at lower prices in the first half of 2025.

Despite speculation about a possible US national Bitcoin reserve under Trump’s administration, Hayes downplayed the possibility of such a development, saying, “I don’t think national Bitcoin reserves are going to happen.”

Hayes’ prediction comes at a time when crypto markets continue to respond to macroeconomic events, regulatory developments, and political shifts, underscoring the impact of global events on digital assets.

Hayes' comments have raised a number of concerns and curiosity among market participants regarding potential price movements in the coming months.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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