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Cryptocurrency News Articles
Arthur Hayes Predicts Bitcoin (BTC) Price Will Reach $1 Million by 2028
May 16, 2025 at 08:23 pm
Arthur Hayes, CIO of crypto investment firm Maelstrom and co-founder of BitMEX, has made a bold prediction: Bitcoin will reach a price of $1000000
Crypto investment firm Maelstrom's CIO and co-founder of BitMEX, Arthur Hayes, has made a bold prediction: Bitcoin will reach a price of $1 million by 2028.
However, common opinion as per the Bitcoin price prediction model from CoinCodex sees a more conservative future for the world’s largest cryptocurrency. According to the platform’s current model, Bitcoin is expected to peak at just over $308,000 in 2028.
The Bitcoin price prediction model from CoinCodex takes into account a variety of technical and fundamental factors, including:
It is important to note that these predictions are based on the current market conditions and may change over time.
As of August 7, 2024, at 01:14 GMT, Bitcoin is trading at around $71,126, according to the cryptocurrency exchange Kraken.
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Stay tuned to Benzinga for more crypto news and analysis.
Read More: * Bitcoin Miners Are Feeling The Heat As Hashrate Plummets 16.51% In A Week
Photo Credit: Sora Shimazaki on Unsplash
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