BREAKING
150d 5h ago

BitMEX Co‑founder Arthur Hayes Urges Bitcoin Holders to Be Patient Amid Gold and S&P Record Highs

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

BitMEX co-founder Arthur Hayes told COINOTAG that long-term Bitcoin investors should prioritize patience over reacting to short-term moves in other markets. He argued that benchmarking crypto performance against recent equity or commodity highs misconstrues investment horizons and can encourage risky, liquidation-prone behavior among recent entrants.

Hayes highlighted that while gold and the S&P 500 reached new highs this week, Bitcoin remains below its August peak, reinforcing his position that Bitcoin serves as a compelling store of value amid currency debasement. He cautioned against simplistic comparisons of nominal asset rallies and urged investors to assess relative purchasing power across asset classes.

Share News:
Don't Miss Breaking News