Hayes: AI Crisis Will Carry BTC to the Top

Arthur Hayes's BTC and Tech Stock Divergence Warning

Arthur Hayes states that the divergence between Bitcoin (BTC) and technology stocks is a warning of an AI-induced credit crisis that will lead central banks to print money. Describing BTC as a global fiat liquidity alarm, Hayes notes that the recent divergence between BTC and the Nasdaq 100 index indicates large-scale credit destruction.

According to Hayes, job losses caused by AI among white-collar knowledge workers will affect consumer credit and mortgage debts. In 2025, companies announced 55,000 job cuts due to AI. According to Hayes's model, the loss of 20% of the 72 million knowledge workers in the US could lead to approximately $557 billion in credit and mortgage losses; this equates to 13% of US commercial banks' equity capital. In this scenario, regional banks will be affected first, the Fed will resort to money printing, and BTC will reach new highs. He will invest in Maelstrom, ZEC, and HYPE.

Predicted losses assuming a 20% AI job loss. Source: Maelstrom

Latest News from the BTC Mining Sector

BTC mining company Hive suffered a net loss of $91 million due to accelerated depreciation but increased its hash rate. Metaplanet, on the other hand, reported a net loss of $619 million in BTC valuation; Bitcoin assets rose to 35.102 BTC. These losses support Hayes's credit crisis thesis, as balance sheet pressure is increasing even in companies holding BTC.

BTC Technical Outlook and Support/Resistances

BTC price at 67.882,95$ level, -0.63% drop in 24h. RSI 35.09 (oversold), downtrend and bearish Supertrend dominant. EMA20: 72.276$. For BTC detailed analysis supports: S1 66.556$ (strong, -1.81%), S2 62.910$. Resistances: R1 78.130$ (+15.27%), R2 68.117$. BTC futures should be closely monitored. Spot BTC may signal a buying opportunity.