Arthur Hayes: Every bull market has a "wall of worry," and the 2026 AI crypto FUD is no exception.

On October 9 that Arthur Hayes (@CryptoHayes) stated that at the early stages of every major bull market, the market must navigate a "wall of worry"—2017 was the block size debate, 2020 was the pandemic shock, 2023 was the FTX collapse and the central bank rate-hiking cycle, while 2026 is AI crypto FUD (fear, uncertainty, and doubt). Hayes remains optimistic, noting that historical patterns hold true: currency will ultimately be oversupplied, and assets will eventually rise.