Arthur Hayes don warn about one potential 'Black Monday' effect on top US stocks and how e fit affect Bitcoin as something wey dem dey use protect investment
Arthur Hayes, wey be co-founder of BitMEX, don warn crypto and finance people about the risk of 'Black Monday' event wey fit affect US stocks. E tok about the shakara shakara wey dey happen recently after President Trump announce tariff, wey cause index to fall yakata. Hayes dey reason say that kind shakara fit make people dey find alternative assets like Bitcoin, wey people dey see as safe place to keep money. E still talk about how wahala for world politics and how government dey make decision fit shake people confidence for US money matter. This one fit make Bitcoin and gold become world reserve assets. Crypto traders suppose dey shine their eyes for how market dey change outside, because e fit affect how digital assets dey perform. The way Bitcoin dey stable and no dey follow traditional market dey make people dey argue about whether e fit be like insurance.
Bearish
The potential for 'Black Monday' event for US stocks, as Arthur Hayes point am out, dey suggest say market fit shake well well. This one fit cause fear for traditional markets, wey go make investors dey find alternative assets like Bitcoin to hide their money. But, the way Bitcoin go react sharp sharp to this kind events, plus the way information dey scarce during weekends, dey show say things fit no dey too good for short time. If Bitcoin later become like safe place to keep money, e fit remove itself from traditional money market, and people go begin use am as hedge, but for now, the short time effect no clear and e fit even be bad.