Arthur Hayes Says 'Buy Everything Round Dos' As Court Deems Trump Tariffs Illegal

  • BitMEX co-founder and Maelstrom investment chief Arthur Hayes has suggested that a recent court ruling overturning most of Trump’s tariffs may present a significant buying opportunity.
  • Hayes was bullish even with Trump’s tariffs in place.
  • The analyst has predicted that Bitcoin will soon break the seven-figure price mark.

The past few months have been a wild ride for investors in almost every market as President Donald Trump’s erratic tariff policies yanked prices in every direction. Amid recent legal developments, however, the sustainability of these tariffs have come under question. And BitMEX co-founder and Maelstrom investment chief Arthur Hayes has suggested that this may offer a significant buying opportunity.

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Hayes Says ‘Buy Everything' Again

“Buy everything round dos,” Hayes said Thursday on X in response to the U.S. Court of International Trade’s ruling labeling Trump’s global tariffs as illegal and blocking them throughout the country.

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Round one was when the U.S. and China agreed to walk back massive reciprocal tariffs for 90 days on May 12. “BUY EVERYTHING CHI-MERICA LIVES!!!!” Hayes said on X at the time. Bitcoin has surged nearly 7% since then to clinch new record highs near $112,000. Meanwhile, the Nasdaq and S&P 500 have surged about 6% and 3%, respectively.

The market analyst’s latest remarks came as a federal trade court’s ruling promised to further defuse trade war tensions and improve risk sentiment in the market. Indeed, the markets initially ticked up in response to the decision. Bitcoin climbed about 1% from $107,600 to $109,000. The Nasdaq notched a modest 0.4% gain in after-hours trading.

At last look, however, Bitcoin has roundtripped its gains to trade 1% lower on the day, falling to $106,000. The Nasdaq also experienced wild swings but held on to its initial 0.4% gains at market close. The volatility comes as a federal appellate court has stirred uncertainty by temporarily suspending the trade court’s ruling while it considers motions from both sides.

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Still, Hayes was bullish even with Trump’s tariffs in place. He claimed that the Treasury would quietly step in to manage the fallout from tariffs with bond buybacks. He said these buybacks will inject liquidity into the market and prop up risk assets.

For Bitcoin, in particular, Hayes framed current market conditions as a win-win. Beyond the prospect of fresh liquidity, he said that Trump’s tariffs would push investors away from U.S. assets toward non-sovereign assets, such as gold and Bitcoin.

“Now that the global community believes Trump is a madman crudely and savagely wielding the tariff weapon, any investor with U.S. stocks and bonds is looking for something whose value is anti-establishment. Physically, that’s gold. Digitally, that’s Bitcoin,” he wrote at the time.

According to Hayes, this will help drive the price of Bitcoin to a staggering $1 million per coin by 2028. This prediction suggests a nearly 10x price potential from current levels. In the short term, he has predicted that the asset will trade between $200,000 and $250,000 by year-end.

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