Former BitMEX CEO Arthur Hayes has revised his short-term predictions for Bitcoin, now forecasting a "mini financial crisis" resulting in a $70,000 to $75,000 correction in BTC. He believes a deteriorating global fiat liquidity environment, driven by rising US Treasury yields and tightened money printing, will negatively affect fiat-priced assets like Bitcoin. Hayes also pointed to the impact of DeepSeek, the Chinese AI protocol that caused significant market turmoil. Despite the temporary doldrums, Hayes remains confident that Bitcoin will rebound to a new all-time high of $250,000 by the end of the year.



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