Charles d'Haussy, director of the DYDX Foundation, has set his sights on a Bitcoin BTC/USD price surge to $150,000 by mid-October 2025. This ascent, he predicts, will be followed by a capital rotation into altcoins.
What Happened: In an interview with Benzinga, d'Haussy delved into his outlook for the cryptocurrency market. He discussed the Trump administration's policies and their implications for decentralized finance (DeFi) and crypto derivatives.
Within the next 100 days, d'Haussy anticipates the U.S. Congress to pass the Genius Act and Stablecoin Act. These Acts will enable banks to mint and manage stablecoins, ultimately boosting market liquidity.
"It's going to be interesting to see how these two Acts will influence the crypto market and the broader financial landscape in the coming months," remarked d'Haussy.
He further predicts that by late summer, tariff disputes will be resolved country by country, providing clarity on the economic impacts. This, combined with central banks' responses to weakening domestic economies, will trigger a "printing festival" starting with the U.S. Federal Reserve by September.
"Come September, there's gonna be a printing festival. So the first one to start the dance of the printing festival will be the central banks of the U.S.," d'Haussy said, adding that increased fiat and stablecoin liquidity will fuel equity and crypto market rallies.
Bitcoin, being the market's flagship asset, will lead the charge, potentially reaching $150,000 by mid-October, according to d'Haussy.
He expects institutional investors, viewing Bitcoin as a store of value akin to gold, to then rotate profits into altcoins, starting with Ethereum ETH/USD, which he projects could hit $5,000.
"Bitcoin will pump first because the brand is there. Bitcoin is the father of all of us, is the OG," remarked d'Haussy, highlighting Bitcoin's market dominance.
