Arthur Hayes Predicts Bitcoin Will Rise to $250,000

BitMEX co-founder Arthur Hayes stated that the bond market support promised by U.S. Treasury Secretary Scott Bessent will drive the Federal Reserve to continue printing money, with Bitcoin's price expected to reach $250,000. Hayes mentioned in a podcast that he anticipates Bitcoin will perform well in the coming years and believes that there will not be a large-scale credit crisis akin to 2008. Instead, he expects continued money printing, ultimately leading Bitcoin to reach $250,000. Hayes pointed out that if the market does not operate according to Bessent's wishes and continues to test him, Bessent will have to keep printing money, potentially taking measures similar to former Treasury Secretary Yellen, depleting the Fed's reverse repo tools and injecting $2.4 trillion in liquidity.

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