Bitcoin briefly dipped below US$100,000 for the first time in over a month, spooking markets amid fresh geopolitical unrest. Still, BitMEX co-founder Arthur Hayes sees this as a temporary pause—not a crash. His message to investors? The dip reflects short-term nerves, not a long-term shift.
Hayes maintains that central bank policies and Bitcoin’s evolving safe-haven narrative will soon fuel a price rebound. The volatility, he argues, is not a sign of structural weakness.
Arthur Hayes Predicts Bitcoin Dip Is Only Temporary ( Image Source: CryptoSlate )
Why Bitcoin Slid Over the Weekend
The latest price drop followed U.S. military action targeting Iranian nuclear facilities. Almost immediately, Bitcoin retreated to around US$98,500. But by early Monday trading in Asia, the price rebounded above US$101,000—underscoring how quickly sentiment can swing in the crypto space.
Hayes responded on social media, noting:
“This weakness shall pass.”
He attributed the drop to fear-driven selling and reiterated his confidence in central bank liquidity pushing crypto higher over time.
Chart Watch: Where Support Levels Sit
According to Markus Thielen from 10x Research, the correction was expected and educational. As long as Bitcoin holds above its realised price of around US$98,000 or finds footing near US$102,000, short-term rebounds remain viable.
But if it slips under those levels, more caution may be needed.
Bitcoin has now been trading sideways for weeks, unable to decisively breach US$110,000. Trade uncertainty and now military tensions have created a cloud over the price chart.
Thielen warns that Bitcoin hasn’t behaved like a risk-off asset lately, stating:
“It’s clear Bitcoin isn’t offering the hedge it used to during previous periods of global stress.”
Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7
— Arthur Hayes (@CryptoHayes) June 22, 2025
Big Players Still Buying
Eugene Cheung of OSL believes institutional appetite remains strong—even during this dip. He points to the continued inflow of capital into crypto funds as a sign that larger players view this moment as an opportunity rather than a warning.
Cheung acknowledges the asset’s exposure to sudden global events but sees long-term fundamentals intact.
Are Altcoins About to Steal the Spotlight?
Nick Ruck from LVRG Research sees a different trend forming. As Bitcoin cools off, he believes altcoins could begin to outperform. He’s already noticing signs of decoupling in price behaviour.
He argues that if macro stability returns and project-specific catalysts arise, many altcoins could benefit from renewed risk appetite.
Although the crypto market is slightly lower overall, altcoins showing strength against Bitcoin might indicate an early rotation in market sentiment.
What This Means Right Now
Bitcoin’s latest fall is another reminder of how tightly tethered crypto remains to geopolitical events. But the quick bounce back above US$100K shows that many investors are still committed.
This reflects the dual nature of digital assets: they’re not fully defensive like gold, nor completely speculative. Their role in portfolios continues to evolve, influenced by both headlines and global liquidity shifts.
Key Trends to Monitor
- Crucial Price Zones
US$98K–$102K is a must-hold region. If Bitcoin breaks below that, traders may need to reassess short-term positions. - Central Bank Stimulus
Any signs of monetary easing globally could offer a boost to risk assets, including crypto. - Global Political Risks
As tensions in the Middle East escalate, market uncertainty could continue driving sharp moves. - Altcoin Dynamics
If Bitcoin stalls, a stronger altcoin cycle could emerge, providing traders with alternative plays.
Final Word: Not a Collapse—Just a Pause
Arthur Hayes’s calm response reflects growing maturity in the crypto market. While price dips are always jarring, they’re increasingly met with analysis rather than panic.
Bitcoin continues to evolve into a global macro asset. Its price moves are now tied more to geopolitics and central bank strategies than purely internal crypto news. Hayes’s view—that “this weakness shall pass”—is echoed by a market still brimming with institutional interest.
As the northern summer progresses, all eyes remain on whether Bitcoin will reclaim higher levels, how altcoins respond, and what role digital assets play in this ever-changing global landscape.
