Arthur Hayes Forecasts Bitcoin Price to Exceed $750,000
Adekunle Joshua
Former BitMEX CEO Arthur Hayes is making waves with his bullish Bitcoin prediction. He believes that by 2026, Bitcoin could skyrocket to a jaw-dropping $750,000 to $1 million, surpassing most forecasts
Hayes sees a perfect storm of factors driving this surge. First, a potential financial crisis could lead to near-zero interest rates, making Bitcoin more appealing
By the end of 2024, he suggests Bitcoin could hit $70,000, driven by the upcoming halving event
Hayes also anticipates a significant boost when major asset managers in the U.S., Europe, and possibly Hong Kong launch multiple exchange-traded funds (ETFs)
Hayes highlights Hong Kong's unique position, suggesting it could play a pivotal role in the crypto space due to geopolitical and technological factors