Arthur Hayes Expects the Crypto Market to Peak in March: Here’s Why

Over the past 24 hours, the crypto market has taken an unexpected yet appealing turn. The valuation of leading crypto assets like bitcoin has soared to heights not seen since the start of the year.

With crypto prices rising, Hayes had to rethink his approach. He suggested that the Trump dump he speculated about had likely occurred between mid-December and the end of the year. Still, this did not rule out the possibility of a potential price drawback in the short term. Addressing risk-takers at his family office, Maelstrom, where he is the chief investment officer , Hayes recommended turning the risk dial to “degen.” He added that the market could keep seeing bullish trends until March.The Maelstrom CIO projects that actions from the Federal Reserve and Treasury Department will fuel positive dollar liquidity, benefiting crypto assets like BTC. He predicts that as much as $612 billion will add to the economy’s liquidity in the first quarter of this year.

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