Arthur Hayes: Crypto Market in a "No-Trade Zone," AI and Middle East Situation as Key Variables
Source:
cryptohayes.substack.com
Odaily News BitMEX co-founder Arthur Hayes stated in a recent article that the crypto market is currently in a "no-trade zone," with his fund Maelstrom conducting almost no trades in the first quarter of this year, primarily due to the lack of clear market trends.He pointed out that the future market will be influenced by two major variables: first, the impact of AI on employment structures, which could have ripple effects on the economy; second, the uncertainty surrounding the situation in the Strait of Hormuz against the backdrop of US-Iran tensions. Hayes outlined several potential development paths, including scenarios such as economic slowdown, energy supply shocks, and changes in global inflation.