
Hayes Says—Bitcoin Holders Must ‘Learn to Love Tariffs’
Arthur Hayes, the co-founder of BitMEX, has recently emphasized the need for Bitcoin (BTC) holders to adapt to the evolving market landscape. According to his analysis, a notable divergence between Bitcoin’s price and the Nasdaq index began in March 2025, resulting in a significant decline in value from $86,000 to under $75,000.
In an effort to grasp this shift, Hayes recommends that Bitcoin investors learn to love tariffs, alluding to broader global economic changes such as changes in trade policies and monetary systems. His assertion suggests that the cryptocurrency is no longer tied to traditional market forces and may potentially become an independent asset class in the near future.
Hayes further highlighted the rising confidence among investors, as shown by a substantial increase in Bitcoin futures open interest from approximately $10 billion to nearly $100 billion within the given time period. This increased participation supports his previous predictions that Bitcoin’s price will be subject to more volatility, particularly amidst an evolving macroeconomic landscape.
It appears likely that this heightened instability may serve as an opportunity for Bitcoin to further decouple itself from rigid traditional markets and establish a footing as a more autonomous asset class.
Source: https://cryptotale.org/hayes-says-bitcoin-holders-must-learn-to-love-tariffs/