[Arthur Hayes: Bitcoin May Drop Below $60,000 Before Rising to $250,000] Odaily Planet Daily reports that Arthur Hayes stated on the Coin Stories podcast that he would not invest his last dollar into Bitcoin at the moment, as the Federal Reserve has not yet been forced to expand liquidity. Arthur Hayes believes that tariff policies will lead to inflation and may push the U.S. toward capital controls, which would serve as a significant liquidity catalyst for Bitcoin. Arthur Hayes maintains a long-term target price for Bitcoin in this cycle between $250,000 and $750,000 but warns that if the U.S.-Iran conflict persists, Bitcoin could temporarily drop below $60,000. Additionally, Charles Schwab has confirmed plans to launch direct spot trading for Bitcoin and Ethereum through new accounts in the first half of 2026. Research from the firm Mercado Bitcoin shows that Bitcoin consistently outperforms gold and the S&P 500 index within 60 days following major global shocks. Currently, Bitcoin's price has rebounded to around $67,300, while the Crypto Fear & Greed Index has remained in the extreme fear zone for several consecutive weeks.