Crypto market sentiment has dipped back into 'extreme fear' territory as Bitcoin's price continues to slump. This decline in sentiment has raised concerns among investors and observers in the cryptocurrency space.
Arthur Hayes, a prominent figure in the crypto industry, has forecasted that Bitcoin could see further declines. Specifically, Hayes believes that Bitcoin could drop below the $50,000 mark over the weekend.
This prediction comes amid a broader market uncertainty and bearish trends, leading to heightened anxiety within the crypto community.
