Maelstrom CEO Arthur Hayes expressed the opinion that the current economic situation in the United States and at the global level is putting pressure on the cryptocurrency market. He noted that weak lending growth in major economies, including the United States, is holding back GDP growth and exacerbating the slowdown in international trade. This creates tensions that are reflected in digital assets.
An additional influence is exerted by Donald Trump's policy: the tariffs he proposes for partner countries are increasing instability. Hayes also pointed to growing unemployment in the United States as another factor exacerbating economic pressure.
However, Hayes does not believe that this decline in cryptocurrencies will drag on. He predicts that in the future, digital assets will receive support due to declining confidence in traditional fiat currencies. According to him, weakening global economic stability could become a catalyst for capital to flow into Bitcoin and other cryptocurrencies.
According to Hayes, Bitcoin will show a more confident recovery compared to Ethereum. He explains this by the fact that Ethereum is more susceptible to liquidity fluctuations and depends on demand from investment funds, especially given the current decline in activity in the DeFi sphere.
Hayes has previously stated his long-term confidence in Bitcoin's growth, predicting that it will reach $1,000,000 by 2030. He again reminded that investors should think about purchasing their first cryptocurrency in advance in order to take advantage of growth prospects.
Thus, despite the current decline in quotes, Hayes remains optimistic about the future of the crypto market and views the current difficulties as temporary. He believes that global macroeconomic changes will ultimately play into Bitcoin's hands, strengthening its status as a safe haven asset in unstable conditions.