- Arthur Hayes warns of increased crypto market volatility due to impending unilateral tariffs announced by Donald Trump.
- Bitcoin faced strong rejection at the $110,000 resistance level and is currently trading near $107,750.
- Despite a finalized U.S.-China trade deal, market sentiment remains weak amid macroeconomic uncertainty and inflation concerns.
Global financial pressure mounts as renewed U.S. tariff threats emerge. Crypto market sentiment remains unstable after a failed breakout attempt. Arthur Hayes warns of sharp volatility ahead as macro conditions drive sharp intraday price shifts.
The market kicked off the week with bullish intent, but that momentum has quickly faltered. Bitcoin surged near the $110,000 mark but encountered strong rejection. Meanwhile, Donald Trump’s announcement of unilateral tariffs reignited global economic tension.
Traders responded with early selling, reacting to Trump’s timeline for implementing the new tariffs. Despite a finalized U.S.-China trade deal, the crypto market displayed little optimism. Instead, price action turned defensive, as geopolitical risk began outweighing previous gains.
Crypto Market Sentiment Weakens After CPI Data
Bitcoin failed to hold ground above $110,000 despite early-week strength linked to global M2 money supply expansion. Market sentiment briefly improved, but the U.S. CPI data release failed to spark a sustained rally. Instead, prices dropped to $107,750 as traders shifted to defensive postures.
Arthur Hayes emphasized the risk of sharp volatility following Trump’s tariff pledge. This comes as the Federal Reserve delays policy easing, dampening crypto market sentiment. Bond yields dropped while gold gained, reflecting broader demand for stability.
While Bitcoin bulls anticipated a break above resistance, momentum quickly faded. Macro factors continue to dominate the crypto market’s trajectory. The price remains range-bound with no clear signs of bullish continuation.
Altcoins Mirror Bitcoin’s Weakness
Altcoins recorded losses across the board as the crypto market entered a consolidation phase. Most large-cap assets declined alongside Bitcoin, reacting to increasing macroeconomic stress. Price correlation among major coins intensified under external pressure.
Ethereum also slid by a similar margin, lacking unique drivers to offset broader weakness. Volume remained low, signaling reduced confidence ahead of the July 9 tariff deadline. Traders expect sideway movement until clear macro guidance emerges.
Arthur Hayes reiterated that current crypto market behavior reflects uncertainty rather than structural weakness. He warned market participants not to react emotionally to external news cycles. Short-term fluctuations are expected to persist amid U.S. trade policy developments.
Dogecoin Suffers Sharpest Decline Among Top Coins
Dogecoin registered the largest decline among the top ten assets, falling over 7% in the last 24 hours. Compared to other large-cap coins, it showed higher sensitivity to negative news flow. Speculative assets led the downside as risk sentiment dropped sharply.
The coin saw strong distribution after the tariff announcement disrupted market expectations. Unlike Bitcoin and Ethereum, Dogecoin lacked institutional support to counter broad selling. Its price weakness deepened as traders offloaded more volatile assets.
The crypto market remains exposed to macro-driven volatility, with little technical strength visible in current trends. Hayes’ warning underlines that more price swings could follow. Broader sentiment may not improve until global trade stability returns.
Source: https://coincu.com/342826-arthur-hayes-warns-of-crypto-market-jitters/