Arthur Hayes Hints Crypto Market Volatility on Upcoming Trump Tariffs
Highlights
- Arthur Hayes asked investors to gold firm amid upcoming crypto market turbulence on Trump tariffs.
- Despite positive developments like the US-China trade deal and a lower-than-expected CPI report, Bitcoin faced rejection at $110K.
- Trump's renewed tariff plans caused a downturn in global equity futures and weakened the dollar.
BitMEX CEO Arthur Hayes anticipates major crypto market volatility ahead as US President Donald Trump plans to introduce unilateral tariffs ahead of the July 9 deadline. The market is already seeing some selling pressure in the last 24 hours, despite the breakthrough in the US-China trade deal. Furthermore, the lower-than-expected US CPI print has also failed to serve as a catalyst, failing to push the Bitcoin price above $110K resistance.
Arthur Hayes Warns of Crypto Market Volatility Ahead
Crypto market started the week on a strong note with Bitcoin chasing the Global M2 money supply. However, the BTC price faced crucial rejection at $110,000 as bulls failed to muster enough strength for a rally to new all-time highs.
On the news of the unilateral Trump tariffs in the next two weeks, Arthur Hayes warns of cryptocurrency market volatility ahead. “Don’t get shook,” said Hayes in a message on the X platform.
Don’t get shook. pic.twitter.com/GJbdZb73X4
— Arthur Hayes (@CryptoHayes) June 12, 2025
The global macro uncertainty and the Trump tariff war have influenced crypto movements in the last two months, along with other risk-on assets. Following the US-China deal, the market reacted initially with some upside, but failed to gather enough steam for the momentum to continue.
Previously, Arthur Hayes said that it’s about time that the Fed pivots from quantitative tightening (QT) to quantitative easing (QE). However, the recent US CPI data shows inflation concerns remain around the corner, and any expectations of Fed rate cuts have dropped further.
Trump’s Tariff Plan Sends Markets Tumbling
US President Donald Trump has renewed his pledge to implement unilateral tariff rates within the next one to two weeks, reigniting trade tensions shortly after the U.S.-China deal, reported Bloomberg.
The announcement led to a downturn in global markets, with both European and U.S. equity futures retreating. The dollar also weakened as investors shifted to haven assets. Simultaneously, treasury yields fell, and gold prices surged, reflecting increased caution among crypto market traders.
Additionally, the Trump team is also working on securing bilateral deals with other key economic partners such as India, South Korea, and Japan.
Bitcoin price is down 1.66% today, trading at $107,750 level, while altcoins have dropped by a similar magnitude. Dogecoin (DOGE) has seen the biggest drop at 7% among the top ten cryptocurrencies.
- White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC
- Ripple Explores New XRP Use Cases as Brad Garlinghouse Reaffirms Token’s ‘Central’ Role
- Kyrgyzstan Adds Binance Coin (BNB) to National Crypto Reserve, CZ Confirms
- Ripple-Backed Evernorth Grows XRP Treasury to $1B Ahead of Nasdaq Listing
- Trump Tariff Tensions Ease as U.S. and China Hold Positive Trade Talks Ahead of Oct 30 Summit
- Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
- PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?
- HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move
- Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK
- SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
