Bitcoin News Today: Arthur Hayes Predicts BTC to Test $100K Amid U.S. Economic Pressures

Arthur Hayes, co-founder of the defunct BitMEX exchange, has reignited discussions in the cryptocurrency market by suggesting that Bitcoin could reach $100,000 amid growing economic pressures in the United States [2]. His comments come as the U.S. faces a slowing economy, highlighted by a weak July 2025 jobs report that showed only 73,000 new jobs—far below the expected 100,000 [4]. Hayes argues that such macroeconomic conditions will increase demand for alternative stores of value, like Bitcoin and Ethereum [2].

Despite this bullish long-term outlook, Hayes has recently taken a more cautious stance. On-chain data indicates that he sold over $13 million in crypto assets within a single day, including 2,373 ETH, 7.76 million ENA tokens, and 3.88 billion PEPE tokens [3]. These transactions were executed through major platforms like Uniswap, Flowdesk, and Binance, and involved counterparties such as B2C2 Group and Cumberland DRW [3]. The move appears to reflect a strategic rebalancing of his portfolio in anticipation of short-term market volatility.

Hayes has also warned that the impending U.S. tariff bill, expected to take effect in the third quarter of 2025, could further pressure the economy and lead to a correction in the crypto market [2]. He emphasized that no major economy is generating credit growth fast enough to sustain nominal GDP expansion, which could drive investors toward Bitcoin as a hedge against economic uncertainty [2]. In a public post on X, Hayes stated, “Y? US Tariff bill coming due in 3Q … at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC tests $100k, $ETH tests $3k.” [3].

While his short-term bearish actions may signal an expectation of lower prices, Hayes remains optimistic about the long-term trajectory of Bitcoin and Ethereum. He has previously predicted that Bitcoin could reach as high as $1 million by 2025, citing U.S. fiscal policies and inflation as key drivers [1]. His current forecasts—$100,000 for Bitcoin and $3,000 for Ethereum—align with his broader thesis that digital assets will play an increasingly important role in global finance [2].

Market observers are divided on the implications of Hayes’ recent trades. Some view the sell-off as a bearish signal, indicating he may plan to re-enter the market at lower prices [5]. Others argue that it is a routine portfolio adjustment, particularly given his history of making large trades in anticipation of macroeconomic events [3]. Regardless of interpretation, Hayes’ influence in the crypto space continues to shape investor sentiment.

Hayes is set to elaborate on his views at WebX Asia in Tokyo on August 25 [3]. In a recent post, he ended with the phrase “Back to the beach,” suggesting a degree of confidence in his market outlook [3]. As the crypto community watches closely, Hayes’ perspective remains one of the most closely followed in the evolving landscape of digital assets and macroeconomic trends.

Source:

[1] Arthur Hayes calls BTC at $100K, ETH at $3K after dumping $10M+ crypto. Cryptopolitan. https://www.cryptopolitan.com/arthur-hayes-calls-btc-at-100k-eth-3k/

[2] Arthur Hayes expects BTC to test $100K in Q3. Bitget. https://www.bitget.com/news/detail/12560604892070

[3] Arthur Hayes Thinks Bitcoin Will Retest $100K, ETH ... The Cryptotimes. https://www.cryptotimes.io/2025/08/02/arthur-hayes-thinks-bitcoin-will-retest-100k-eth-will-shrink-to-3k/

[4] Arthur Hayes warns Bitcoin may fall to $100,000 and Ethereum to $3,000 due to U.S. tariffs and weak July 2025 job data. AInvest. https://www.ainvest.com/news/bitcoin-news-today-arthur-hayes-warns-bitcoin-fall-100-000-tariffs-weak-jobs-data-drive-macroeco

[5] Former BitMEX CEO Arthur Hayes positions for market slump. CryptoRank. https://cryptorank.io/news/feed/8df24-former-bitmex-ceo-arthur-hayes-positions-for-market-slump-predicts-btc-to-test-100k-after-nfp-print