Former BitMEX CEO Arthur Hayes foresees Bitcoin's price surging to $200,000 due to U.S. Treasury actions. Learn more about his predictions and the potential impact on the cryptocurrency market.
Arthur Hayes, former CEO and co-founder of BitMEX, predicts in a new article that Bitcoin could reach $200,000. He argues that the U.S. Treasury’s bond repurchase program will unleash a wave of dollar liquidity, driving Bitcoin above $110,000 and beyond. Hayes believes this mechanism can indirectly strengthen liquidity and enable risk coverage funds to continue investing in treasury bonds. He compares this trend to late 2022, when Bitcoin surged sixfold after liquidity injection into markets. Hayes sees Bitcoin as the best hedge against currency devaluation, suggesting that if his prediction is correct, a true uptrend has just begun.
