Arthur Hayes: Bitcoin bottom is near, but it's too early to buy

BitMEX co-founder Arthur Hayes said on X that Bitcoin is experiencing an excessive downturn in terms of liquidity. He noted that while a market bottom is drawing near, it is not yet time to enter a position. Hayes added that the U.S. stock market also requires further correction, explaining that the catalyst he is waiting for is additional monetary easing, which he believes will only occur after a crash in artificial intelligence (AI) technology stocks.