BitMEX co-founder Arthur Hayes warns of rising macroeconomic pressure as the U.S. tariff bill comes due in Q3 and job data signals weakness. He highlights that major economies arenโt generating credit quickly enough to support nominal GDP growth. Despite the challenges, Hayes remains optimistic about cryptoโs future, forecasting Bitcoin to hit $100,000 and Ethereum to reach $3,000. His outlook suggests that tightening conditions may actually fuel demand for decentralized assets like BTC and ETH.