Crypto
Bitcoin optimism despite weakness; Arthur Hayes, early investor say it is not a bear market
Bitcoin has slipped below $80,000, but Arthur Hayes and early bitcoin investor Davinci Jeremie view the decline as a buying opportunity rather than a market top. They described the selloff as a forced shakeout driven by macroeconomic pressure, citing a surge in U.S. 10-year Treasury yields and inflation data. A Deribit Prime Trading strategist flagged $80,000 as a near-term pivot and stressed sustained ETF inflows. Market direction may hinge on $80,000, ETF flows and U.S.-China trade talks.
