Degen

Arthur Hayes, founder of Bitmex exchange, has hinted in a new tweet that if Bitcoin can hold above $76,500, the cryptocurrency market will likely emerge from its current crisis. He noted that if Bitcoin can overcome this current situation and continue to grow, we can hope that the market will reach equilibrium and we will not see any more sharp drops.

Hayes also predicted that the US tax announcement on April 15 will have a significant impact on the market and may greatly aggravate the current situation.

In addition, the new tariffs that the Trump administration is imposing on foreign goods, especially Chinese goods, will put additional economic pressure on the market. These tariffs could affect inflation rates and other economic factors, which may indirectly affect the price of cryptocurrencies.