Arthur Hayes Warns Bitcoin Could Drop Below $60K

Co-founder of BitMEX Arthur Hayes says Bitcoin may face a short term price drop. In a recent interview, Hayes warned that the price could fall below $60K. If global tensions keep rising.

🚨NEW: ARTHUR HAYES WARNS BITCOIN COULD DROP BELOW $60K

Bitcoin could face a sharp pullback amid rising geopolitical tensions, Arthur Hayes (@CryptoHayes) says.

Speaking in an interview with CoinStories, Hayes said he would not buy $BTC right now.

He expects broader risk… pic.twitter.com/kWcj9FpxGL

— BSCN (@BSCNews) March 11, 2026

At the time of reporting, Bitcoin is trading near $70K. But Hayes believes risk markets could soon face pressure. If that happens, stocks and crypto may drop. He also made it clear that his warning is about the short term. It is not about the long term.

Geopolitical Tensions Could Pressure Markets

Hayes cited rising global tensions as a reason for caution. Investors often shift their funds into safer assets. When global dangers rise. As a result, risk assets such as stocks and crypto may drop. Arthur Hayes believes the current situation could slow down any plans by the U.S. Federal Reserve to cut interest rates. If interest rates stay high for longer. The financial markets may struggle. As a result, Bitcoin could see a temporary correction. For now, Hayes says he would not buy BTC at current prices.

Bitcoin Often Moves With Risk Assets

Bitcoin has often behaved like other risk assets during uncertain times. When stock markets fall, crypto markets sometimes follow. If a large sell-off hits global markets, Arthur Hayes believes BTC could drop quickly. In that scenario, the price might fall below the $60K level. 

But he also reminded investors that Bitcoin has recovered from many drops in the past. For example, the asset fell below $20K in 2022 before later climbing to new highs in the following years. Due to history, some analysts see dips as part of normal market cycles.

Hayes Remains Bullish Long Term

Even though Arthur Hayes warned about short-term risks, he remains strongly bullish on BTC’s long term future. In fact, he believes Bitcoin could reach $500K to $750K by the end of 2026. His view is based on global financial trends. Hayes expects governments and central banks to print more money to fund spending and economic programs. If that happens, he believes investors will move more capital into assets like Bitcoin. 

Short Term Volatility Still Expected

BitMEX founder says the market may remain volatile. Rising geopolitical risks and uncertain economic policies could create sudden price swings. With this, traders should be careful in the near term. Still, Hayes believes the bigger picture remains positive. 

While Bitcoin may drop during periods of stress, he thinks the asset will continue to grow over time. In other words, short term fear may appear in the market. But long term believers still see strong potential for the world’s largest crypto.