Arthur Hayes Predicts Bitcoin To Hit $250,000 By End Of Year

BitMEX co-founder Arthur Hayes has predicted that Bitcoin (CRYPTO: BTC) could reach $250,000 by the end of 2025.

He cites the Federal Reserve’s pivot toward purchasing more US Treasury bonds and a broader return to fiscal dominance as primary catalysts for a new Bitcoin bull cycle.

What Happened: In a new blog post, Hayes argues that the Federal Reserve has effectively subordinated its independence to the funding needs of the US Treasury, signaling a significant policy shift that favors debt financing over strict inflation control.

He refers to this as a renewed era of fiscal dominance, where the central bank’s role becomes one of accommodating government spending at affordable borrowing costs.

“Powell proved last week that fiscal dominance is alive and well,” Hayes wrote. “QT, at least regarding treasuries, will stop in the short to medium term.”

At the center of Hayes’ thesis is the Fed’s decision at its March meeting to …

Full story available on Benzinga.com