Arthur Hayes Forecasts $250,000 Bitcoin as Federal Reserve Succumbs to QE Pressures Amid Economic Uncertainty
In a recent essay, former BitMEX CEO Arthur Hayes predicts that Bitcoin could hit $250,000 by the end of this year. He believes this is due to the US Federal Reserve’s shift back toward quantitative easing, which will likely involve buying US Treasuries. Hayes argues that this return to liquidity is beneficial for Bitcoin, likening ...
