Arthur Hayes, predicts this altcoin will reach $150 in July

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Arthur Hayes has made an ambitious price prediction for the HYPE token, suggesting it could reach $150 by July. According to Hayes, this price level is roughly five times the current value.
Hayes has warned of impending risks in the global markets. He argues that the recent weakening correlation between Bitcoin and the Nasdaq 100 index, which he considers a “warning sign of global fiat currency liquidity,” could signal a major credit crisis. He believes this divergence indicates the market is entering a new period of tension.
Hayes also warns that the rapid spread of artificial intelligence (AI) could result in about 20% of knowledge workers losing their jobs. He suggests this could lead to increased default rates on consumer and mortgage loans in the US, causing approximately $557 billion in losses for commercial banks.
The renowned investor believes that even if Bitcoin drops from $126,000 to $60,000, downward pressure on the market will persist unless the Federal Reserve (Fed) resumes quantitative easing.
However, Hayes, who believes the Federal Reserve will need to intervene in a potential financial crisis, states that in such a scenario, his fund, Maelstrom, will shift its excess stablecoin holdings into ZEC and HYPE.
Hayes’s statements are seen as potentially sparking a new wave of speculation in the market, especially for alternative cryptocurrencies (altcoins).

HYPE-3,73%
BTC-2,59%
ZEC-9,09%
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