Cryptocurrency Prophet Arthur Hayes Expects Crypto Markets to Fall Near Inauguration Day

Arthur Hayes, co-founder of cryptocurrency exchange Bitmex, predicts that the cryptocurrency market will experience a “terrible sell-off” on President Trump’s inauguration day. Despite this, Hayes expects prices to strengthen again by the second half of 2025.

Crypto prophet Arthur Hayes predicts crypto market sell-off on Inauguration Day

The recent growth of the crypto market may be wiped out on Inauguration Day, forming a "sell the news" event. This is the view of Arthur Hayes, co-founder of Bitmex and crypto market analyst, who believes that Trump's window of opportunity to act is very narrow because the American people have run out of patience with the effectiveness of Trump's policies.

In his recent opinion piece, “The Truth About Trump,” Hayes explains that Trump will make the U.S. more attractive to businesses by devaluing the dollar against gold, aiming to bring production back to the U.S. This means that the U.S. dollar money supply will accelerate, driving Bitcoin to new highs in the long term.

Hayes is pessimistic about the chances of the United States eventually approving the creation of a strategic Bitcoin reserve, and believes that after this devaluation, politicians are more willing to use the newly created dollars to provide welfare to the people to ensure their victory in the upcoming elections. He emphasized.

Read more:
Bitcoin Policy Institute Drafts Executive Order on US Strategic Bitcoin Reserve

That's because by 2026, lawmakers' attention will be focused on their campaign duties and concentrating on winning the midterm elections. Hayes said that leaves limited time for Trump to implement measures aimed at alleviating the current problems of the U.S. economy.

He said:
However, fixing the underlying domestic and international problems that are weighing on them will take even the most astute and powerful politicians more than a decade, not just a year.

That would lead to what Hayes described as “buyer’s remorse,” triggering “a vicious sell-off in Trump 2.0 equity trading and cryptocurrencies.” Hayes, who also participated in the incident, said Maelstrom would reduce its cryptocurrency exposure, hoping to repurchase the same assets in the first half of 2025 at a lower price.