Bitcoin News Today: Arthur Hayes Warns 19% Bitcoin Ethereum Correction Looms Weak Jobs Data

Arthur Hayes, former co-founder of BitMEX and currently CIO of Maelstrom Fund, has warned of a potential 19% correction in Bitcoin and Ethereum prices, citing weak U.S. employment data, rising tariffs, and a sluggish credit market as primary factors. The prediction, shared across multiple crypto platforms, reflects his assessment that macroeconomic conditions will heavily influence the crypto markets in the near term [1][2].

Hayes’ forecast suggests Bitcoin could fall to around $100,000, while Ethereum may test the $3,000 level. His analysis is rooted in the belief that no major economic body is generating enough credit to boost nominal GDP, a key metric for overall economic health. As he explained, the U.S. tariff bill coming due in the third quarter, combined with recent nonfarm payroll data, has shifted market expectations toward a more bearish outlook [2].

In line with his predictions, Hayes has taken tangible action in the market, reportedly liquidating over $13 million in cryptocurrencies—primarily Ethereum and Ethena—converting those assets into USDC. This move is seen as a strategic hedge against potential macroeconomic shocks, echoing similar behaviors during past financial downturns [1].

The broader market has responded to Hayes’ warnings with increased caution. Investors are closely monitoring Bitcoin and Ethereum for signs of volatility, with historical patterns suggesting such bearish forecasts often precede significant price fluctuations. The current defensive stance underscores a growing alignment between traditional financial market dynamics and crypto, as traders become more sensitive to macroeconomic signals such as GDP, interest rates, and employment trends [2].

While Hayes’ warning has drawn considerable attention, it is not without dissent. Some analysts remain optimistic about the long-term prospects of Bitcoin and other major cryptocurrencies, arguing that structural adoption and institutional interest will eventually counterbalance short-term headwinds. The debate highlights a broader divergence in market sentiment, with some positioning for downside risk while others prepare for a continuation of the bull case [4].

The timing of these developments—late July to early August 2025—coincides with a period of heightened volatility in crypto markets. As central banks globally reassess monetary policy in response to inflationary pressures and economic uncertainty, the crypto asset class is increasingly influenced by the same macroeconomic forces that drive traditional markets [5].

Arthur Hayes’ track record as an institutional market participant has amplified the weight of his warnings, even as investors and analysts continue to assess the balance of risks and opportunities in the crypto space [1].

Sources:

[1] Arthur Hayes Predicts Potential 19% Bitcoin Correction Amid Weak Employment Data (https://cryptorank.io/news/feed/a23dd-arthur-hayes-predicts-potential-19-bitcoin-correction-amid-weak-employment-data)

[2] Bitcoin News Today: Arthur Hayes Warns 19% Bitcoin/Ethereum Correction Looms (https://www.ainvest.com/news/bitcoin-news-today-arthur-hayes-warns-19-bitcoin-correction-looms-weak-jobs-data-2508/)

[3] Arkham: Latest News, Social Media Updates and Insights (https://cryptorank.io/news/arkham)

[4] Top Crypto Performers of 2025: BlockDAG's $1... (https://coinstats.app/news/97f87ab19b546010edfd67d870f9802682901f6ee9c4b543621383002c4d62e2_Top-Crypto-Performers-of-2025-BlockDAGs-11M-BTC-Auction-Dominates-as-Pi-Hits-60M-Users-and-ENA-Surges-176)

[5] Crypto News - tradenuxtoken (https://www.tradenuxtoken.com/blog)