Arthur Hayes Predicts Bitcoin Will Surpass $100,000 Due to Global Money Printing

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Coin-Turk 11 months ago 124

Arthur Hayes, the founder of BitMEX, makes striking claims about Bitcoin’s future, predicting that BTC ($103,099.00) will exceed $100,000 due to increasing money printing worldwide. He expressed that Bitcoin $96,307 could reach a million dollars in the next five years. Currently, Bitcoin is trading at $95,026.

Bitcoin’s Rise and the Role of Money Printing

In an interview with Blockmedia, Hayes mentioned that Bitcoin could reach $100,000 by year-end. He pointed out that “the birth of Bitcoin in 2009 was a result of a major financial crisis. Today, the same economic issues are resurfacing. The expansion of the money supply will lead to Bitcoin’s rise. I believe BTC will reach a million dollars in five years.”

Hayes emphasized that the trend of money printing in the global economy presents a significant opportunity for Bitcoin, noting that major economies like the U.S., European Union, China, Japan, and South Korea have turned to money printing to manage their debts. According to Hayes, this process will increase the value of scarce assets like Bitcoin.



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