Arthur Hayes Suggests Bitcoin May Break Free from Nasdaq Correlation

According to BlockBeats, Arthur Hayes recently expressed on social media that Bitcoin holders should embrace tariff policies, suggesting that Bitcoin might finally break free from its correlation with the Nasdaq. Hayes believes Bitcoin could become the ultimate indicator of fiat liquidity. The comments come after a significant downturn in the U.S. stock market. The Dow Jones Industrial Average closed down by 2231 points, the S&P 500 fell by 5.97%, and the Nasdaq dropped by 5.82%. The Dow has retreated more than 10% from its record closing high, entering a correction phase, while the Nasdaq has fallen over 20%, marking a bear market. In contrast, Bitcoin experienced a relatively stable day, with a fluctuation range of only 3%, ultimately closing with gains on the daily chart.