Bitcoin to $1M? Arthur Hayes thinks it's possible

Only weeks after slapping tariffs on anyone and everyone, including longtime allies and trading partners like the UK, the US president was on Truth Social, trumpeting news of a pending trade deal with the UK.

The U.S. president has been busy of late. Having slapped tariffs on anyone and everyone, including longtime allies and trading partners like the UK, Donald Trump is now focused on getting the two countries back in sync.

The first such deal will be with the UK, and it comes as the world begins to navigate what the financial world looks like in the wake of a forfeited ‘American hegemony.’

With Trump focused on trade and tariffs, what’s an honest crypto investor to do?

Here are three of the best crypto to buy now, even as Trump signs more paperwork.

Trump To UK: It’s Not You, It’s US

It might seem like an abrupt about-face, but (at least according to him), this is all part of Trump’s plan.

The tariffs, which erased trillions from global markets, were aimed at pressuring U.S. trading partners into renegotiating deals, strengthening the hand of American diplomats. Details surrounding the pending US-UK trade agreement remain unclear for now.

While officials – including Trump himself – promise that the agreement will benefit both countries, it’s hard to escape the need for such a trade deal, which indicates a fundamental shift in global business.

After the U.S. abandoned the gold standard in the 1970s, the American government focused on tying the fate of the global financial system to the USD. But with rising inflation and the threat of a recession, that system is now being overhauled once again.

And according to Arthur Hayes, former CEO of crypto exchange BitMEX, the changes could send Bitcoin (BTC) to $1M.

At least one part of Trump’s plan seems to be working. Despite the trillions wiped off crypto in 2022, crypto prices have largely recovered this year.

But could Trump’s plan really send Bitcoin to $1M? And what are the best crypto to watch now?

Bitcoin’s Potential Depends On Trump Finishing His

The USD is still the reserve currency of the global economy. At least, it’s unchallenged by anything but Bitcoin.

Bitcoin has the significant advantages of being politically neutral and increasingly trusted as a store of value. It’s one of the few currencies – perhaps the only currency – that could conceivably step in for the USD.

That hasn’t happened yet, but Hayes’s prediction shows that some analysts believe it could.

As long as…

…then the case for Bitcoin to make crazy gains looks stronger than ever.

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