Arthur Hayes Revealed When Bitcoin Could Hit $1 Million
By: coindoo|2025/05/10 20:15:05
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In a recent interview, Hayes said reflationary policies worldwide are creating ideal conditions for crypto growth.“It’s a great time to be in the crypto ecosystem,” said Hayes. “More fiat money is chasing scarce assets. The bull market’s going to continue—and it’s going to be a fun party.”$1 Million Bitcoin Target by End of Trump’s TermHayes projected that Bitcoin could rise 10x from current levels, reaching or surpassing $1 million by early 2029. He links the timeline to the end of former President Donald Trump’s expected term, predicting that massive monetary expansion will drive BTC to that nominal target.Hayes also expressed skepticism about the U.S. dollar and Treasury bonds, warning that rising supply will continue to erode their value. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Bitcoin Could Be Leading Global Monetary Trends, Says Analyst “The dollar depreciates against gold and BTC. Treasuries are probably the worst asset to hold—they need to devalue because there’s just too many out there,” he said.Hayes’ outlook aligns with a growing narrative in the crypto space that inflationary pressures and loose monetary policy will further accelerate the adoption of Bitcoin as a store of value.The post Arthur Hayes Revealed When Bitcoin Could Hit $1 Million appeared first on Coindoo.
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