Arthur Hayes Expects Bitcoin to Hit $150,000 Before Altcoins Rally

Arthur Hayes’ Bold Bitcoin Price Forecast: $150,000 by End of 2025

Arthur Hayes, the prominent crypto mogul and former BitMEX CEO, recently predicted that Bitcoin could soar to $150,000 in 2025. Speaking at the Token2049 conference in Dubai, Hayes attributed the potential surge to monetary policies from U.S. authorities, particularly inflation and the possible continuation of money printing.

Hayes believes that the current environment is ideal for a rally in risk assets, including Bitcoin. Drawing a parallel to market conditions in the third quarter of 2022, Hayes said, “We have a lot of fear, uncertainty, and doubt in the markets,” which could prompt U.S. monetary authorities to continue printing money. This, he suggests, will be beneficial for Bitcoin and other risk assets.

Bitcoin’s Historical Performance

Bitcoin has historically performed well during periods when the Federal Reserve lowers interest rates and introduces more liquidity into the market. Hayes’ optimism comes at a time when Bitcoin is trading at $96,230, a slight increase from the previous day, following the Federal Reserve’s decision to keep interest rates unchanged. The approval of spot Bitcoin ETFs in 2024 has also introduced fresh capital into the market, further boosting Bitcoin’s appeal.

Hayes also expects altcoins like Ethereum and Solana to see rallies once Bitcoin’s price rises. However, he cautioned that his short-term market predictions should be taken with a grain of salt, as he previously described his accuracy as “pretty shit.”

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.