Arthur Hayes’ Bitcoin prediction: ‘Drop to $75K before $250K by end-2025’ – BitRss

• Arthur Hayes projected a 30% BTC ($102,779.50) correction to $70K-$75K in the near term. 
• He linked the potential drop to rising U.S. Treasury yields and sticky inflation. 

Arthur Hayes, co-founder of the BitMEX exchange, has cautioned that Bitcoin’s [BTC] price could drop to $70K-$75K in the short term before rising to $250K by the end of the year. Part of his recent blog read, 

“I think we are more likely to go down to $70,000 to $75,000 Bitcoin and then rise to $250k by the end of the year than to continue girding higher with no material pullback.”

Hayes linked his near-term ‘30% BTC correction forecast’ to rising 10-year Treasury yields and its likely impact on stocks and crypto.

Is BTC due for extended correction?

For context, a hike in Treasury yield always signals tighter liquidity, making risk-on assets like stocks and crypto less attractive than bonds. So, a rising yield is a net negative to the crypto market, especially BTC.

Hayes added,

“Inflation is still elevated and likely to go higher in the near future as the world decouples economically. This…