![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
BitMEX co-founder Arthur Hayes remains confident that the crypto market is prepping for a 2022-style rally
May 08, 2025 at 07:37 pm
BitMEX co-founder Arthur Hayes remains confident that the crypto market is prepping for a 2022-style rally, with Bitcoin potentially touching $150,000 this year.
A BitMEX co-founder remains confident that the crypto market is setting up for a 2022-style rally, which could see Bitcoin hit $150,000 this year. And investors can thank the US’s aggressive monetary policy for the upcoming surge.
During an interview with the Crypto Banter channel on YouTube, Arthur Hayes said that the Federal Reserve going on a money printing spree to manage deteriorating macroeconomic conditions is why Bitcoin is headed higher. Hayes also noted that inflation is likely to continue, which pundits have argued is a boon for assets like BTC.
“I think that the setup is just perfect for a rally in risk assets, just like we saw from the third quarter of 2022 until early 2025,” the former BitMEX CEO said. “There’s a similar setup today. We have a lot of fear, uncertainty, and doubt in the markets, and the monetary authorities, especially in America, cannot handle that, so they’re going to resort to money printing.”
Bitcoiners often tout the apex crypto as a hedge against irresponsible central bank monetary policy. BTC has historically done well when the Fed has slashed interest rates and flooded the market with cheap cash.
Hayes noted that Former US Treasury Secretary Janet Yellen printed a staggering $2.5 trillion from 2022 to 2025, with BTC going up 6x. He expects current Treasury Secretary Scott Bessent, who is quietly transforming global liquidity with buybacks and auction strategies to address the ballooning national debt load, to do something similar.
“And so that’s why April 9th was the bottom, and we’re going to go much higher from here,” the crypto billionaire asserted.
Previously, Hayes had forecasted a $1 million BTC price by 2028 amid growing ETF flows and investor confidence.
Bitcoin Price Nears $100,000 Price Tag
Meanwhile, the price of Bitcoin soared past $99,000 on Thursday as President Donald Trump teased an international trade agreement with a “big, highly respected country.” While the identity of the country involved remains undisclosed, some reports suggest it’s the UK.
BTC is now within striking distance of its current lifetime peak set on January 20, and is now eyeing the coveted $100,000 milestone. The apex crypto is up 2.9% on the day after retreating from a daily high above $99,868, according to CoinGecko data.
The Fed on Wednesday decided to hold benchmark interest rates steady, triggering a slight jump in crypto prices.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
-
- MicroStrategy's New Bitcoin Purchase Kicks Off May. Here's how the rest of the month could go
- Jun 08, 2025 at 05:45 pm
- In a new post on X, Strategy chairman and co-founder Michael Saylor has announced the latest Bitcoin purchase by the company. According to the filing with the SEC, Strategy acquired a total of 1,895 BTC at an average price of $95,167 between April 28th and May 4th.
-
- Pre-FOMC Market Tensions Turn Crypto Prices Extremely Bearish. Bitcoin Could Hit $90k If Bears Take Over
- Jun 08, 2025 at 05:40 pm
- With nearly 24 hours left for the Federal Open Market Committee (FOMC) meeting to discuss Fed rates, the global and crypto markets' price predictions are turning extremely bearish.