Arthur Hayes: Bitcoin may drop below $60,000 before rising to $250,000

By: rootdata|2026/04/06 08:42:01

Arthur Hayes stated on the Coin Stories podcast that he will not invest the last dollar into Bitcoin at this time because the Federal Reserve has not yet been forced to expand liquidity. Arthur Hayes believes that tariff policies will lead to inflation and may prompt the U.S. to turn to capital controls, which will become a significant liquidity catalyst for Bitcoin.

Arthur Hayes maintains a long-term target price for Bitcoin in this cycle between $250,000 and $750,000, but warns that if the U.S.-Iran conflict continues, Bitcoin may drop below $60,000 in the short term. Additionally, Charles Schwab confirmed that it will launch direct spot trading of Bitcoin and Ethereum through new accounts in the first half of 2026.

Research from Mercado Bitcoin shows that Bitcoin consistently outperformed gold and the S&P 500 index within 60 days after significant global shocks. Currently, the price of Bitcoin has risen to around $67,300, while the cryptocurrency fear and greed index has remained in the extreme fear range for several weeks.

-- Price

As the contradiction between the institutional capital inflow brought by the new government's "pro-crypto" policy and the tightening of retail infrastructure intensifies, this structural "information asymmetry" in the Korean market will persist for a long time, continuously giving rise to fleeting e...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here