Arthur Hayes forecasts sub 50K Bitcoin weekend amid crypto fear

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Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes predicting that it could drop again.

Crypto market sentiment has fallen back into “extreme fear” as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink at another 12% to fall under $50,000 over the weekend.

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