From Investing.com:

BitMEX co-founder Arthur Hayes predicts a 30% correction for Bitcoin from the ETF high of $48,000, possibly dropping to $30,000 to $35,000. Bitcoin has fallen since the SEC approved 11 spot BTC ETFs, but has seen a 0.64% recovery in the past 24 hours to $40,042.44. Hayes believes crypto will play a key role as a hedge against inflation. Hayes has sold off his position in SOL and BONK, but may invest in Dogwifhat if Bitcoin falls below $35,000.



Read more: Arthur Hayes Predicts Crucial Bitcoin (BTC) Bottom to Watch By U.Today