Crypto assets are currently in jeopardy as central banks around the world pursue strict monetary policies, warns former BitMEX CEO Arthur Hayes.
Hayes said in his latest blog post that crypto will give up over the weekend as desperate sellers flood the market without bids.
He predicted a significant drop in liquidity over the U.S. Independence Day weekend, which he said does not bode well for Bitcoin and Ethereum.
Are you a cryptocurrency holder? Watch out the weekend!!