The AI Trade Is Killing Bitcoin? Arthur Hayes Breaks It Down

Arthur Hayes returns to discuss why he sold HYPE, NEAR, and Worldcoin, the risks facing the AI boom, and why he believes Bitcoin could be dragged down by an AI market correction before ultimately benefiting from the next wave of liquidity. He also responds to accusations of using followers as exit liquidity, shares his outlook on Trump, AI regulation, energy markets, Zcash, and the future of crypto investing. #ArthurHayes #Bitcoin #Crypto #AI #Hyperliquid #Worldcoin #Zcash #Investing #Macro #Cryptocurrency 00:00 – Introduction & controversy over public trades 00:32 – Accusations of using followers as exit liquidity 01:07 – Hayes responds to criticism 02:18 – Is it irresponsible to post trades publicly? 03:32 – Why Arthur shares his positions online 04:27 – From "no trade zone" to selling risk assets 05:41 – Is Bitcoin being used to fund the AI trade? 06:00 – What Hayes got wrong about liquidity and Bitcoin 07:20 – How AI absorbed global liquidity flows 08:35 – Why the AI bubble may be nearing a peak 08:50 – Energy prices: the biggest risk to AI 10:50 – AI politics, jobs, and Trump's incentives 13:49 – Mega IPOs, valuations, and AI market risks 15:15 – Why he sold HYPE, NEAR, and Worldcoin 16:21 – Could Trump really turn against AI? 17:37 – Why rhetoric alone could burst the AI bubble 19:13 – What happens after an AI crash? 20:15 – Hyperliquid (HYPE): still one of crypto's best products 22:02 – What investors should look for in altcoins 22:51 – Zcash, privacy coins, and the recent exploit 24:36 – Crypto adoption vs weak market sentiment 25:56 – Final thoughts Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.