Arthur Hayes has sold over $13 million in crypto assets, shifting to USDC, while forecasting Bitcoin could test $100,000 and Ethereum may reach $3,000 based on economic conditions.
Arthur Hayes has converted over $13 million in cryptocurrencies into USDC, predicting Bitcoin might fall to $100,000 and Ethereum to $3,000 due to economic pressures. He will share these insights at the WebX conference in Tokyo on August 25-26. Despite a bearish outlook, he previously set a bullish target of $250,000 for Bitcoin and $10,000 for Ethereum by the end of 2025.