Crypto Sell-Off Accelerates with Deepening Economic Fears
- Bitcoin has fallen over 8% since January 7, dropping below US$100K due to concerns about sticky inflation, global economic uncertainty, and potential impacts of Trump’s policies.
- BitMEX founder Arthur Hayes predicts a market peak and crash around March, suggesting investors should wait for improved conditions in the third quarter.
- Fidelity’s analyst Matt Hogan remains bullish, suggesting nations may secretly accumulate Bitcoin for strategic reserves, as avoiding exposure could become riskier than having some holdings.
Prices for Bitcoin and other major digital assets have continued to decline for three days in a row. The sell-off began on Tuesday when the largest cryptocurrency figuratively fell off a…
