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This week in crypto: Arthur Hayes’ Bitcoin warning, Litecoin ETF, DeepSeek sell-off, and more

Arthur Hayes, former CEO of BitMEX, warns that Bitcoin might experience a dip to between 70,000 USD and 75,000 USD before rebounding to 250,000 USD by year-end, indicating a looming mini-financial crisis due to global liquidity issues.

Grayscale has submitted ETF applications for Litecoin and Solana, as the SEC might approve the Litecoin ETF first. Concurrently, DeepSeek’s rise caused significant market shifts, with over 800 million USD liquidated in the crypto space.

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