Arthur Hayes: Bitcoin Price Could Reach $200,000 by 2025, $1 Million by 2028

BlockBeats News, September 15th, BitMEX co-founder Arthur Hayes predicted in a recent interview that by the end of 2025, the price of Bitcoin may rise to $200,000, with the main driving force being U.S. Treasury bond repurchases. Hayes believes that the U.S. government's potential bond repurchase plan will inject new liquidity into the economy, redirecting investors' funds to higher-risk assets, including Bitcoin, by reducing volatility in the bond market and releasing capital. This macro environment will act as a catalyst for a significant increase in the price of Bitcoin, and if favorable conditions persist, the price of Bitcoin could potentially reach $200,000 by the end of the year.

Arthur Hayes further extends his bullish stance to the long term, believing that the price of Bitcoin could reach $1 million by the end of 2028. He points out that this prediction is closely related to the trend of U.S. fiscal spending and broader political developments. Continued deficit spending and monetary intervention will undermine confidence in fiat currencies, leading to the widespread adoption of Bitcoin as a hedging tool.