What Happened?
Hayes predicts that Bitcoin will reach $250,000 in the next six months, driven by the U.S. government’s economic stimulus policies and an increasing number of companies adopting Bitcoin as a reserve asset.
The Trump administration may loosen regulatory oversight of the financial system, driving up Treasury bond prices and stimulating global capital markets. This move will indirectly enhance the appeal of risk assets such as Bitcoin, leading to an increase in its value.
Hayes also noted that Ethereum is expected to exceed $5,000 by 2025, primarily due to the development of smart contracts and decentralized applications, and mentioned that decentralized finance (DeFi) will also drive Ethereum’s price growth.
Bitcoin to Surpass $250,000 by 2025
At the Bitcoin 2025 conference held in Las Vegas, Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX, predicted in an interview with Decrypt that Bitcoin’s price will double in the next six months, expected to rise to $250,000.
The U.S. midterm elections are approaching next year, and policies from the Trump administration are set to change. Hayes explained that the U.S. government has aggressively implemented tariff policies over the past few months, which have significantly impacted the economy, particularly causing disruptions in trade. However, with elections on the horizon, the Trump administration must find policies that can attract voter support, and printing money is likely to be one of those measures.
Hayes also pointed out that the Trump administration may relax regulations on the U.S. financial system, allowing American banks to more actively participate in the Treasury bond market, thus driving up bond prices. Consequently, global capital markets would become more active. Moreover, this approach would not only make Treasury bonds more attractive but also indirectly enhance the value of risk assets such as Bitcoin, contributing to its growth.
According to Hayes, Bitcoin is on track to break the critical $250,000 mark by 2025, based on two factors: first, the U.S. government’s economic stimulus policies that promote the value growth of assets like Bitcoin, and second, the increasing number of companies adopting Bitcoin as a financial reserve asset.
Previously, Hayes had predicted that Bitcoin would reach $150,000 by 2025, but he now believes that with major institutions adopting Bitcoin as a reserve asset, this goal is no longer far-fetched. He even suggests that Bitcoin could eventually reach $1 million by 2028.
Ethereum Price Expected to Exceed $5,000
In addition to Bitcoin, Hayes also made predictions about Ethereum’s future. He believes that by 2025, Ethereum’s price is expected to exceed $5,000, given its ongoing positive developments in the fields of smart contracts and decentralized applications, as well as its core position within blockchain technology.
He pointed out that as blockchain technology matures, Ethereum will become the preferred platform for more enterprises and developers. Additionally, factors such as the rise of decentralized finance (DeFi) and Ethereum 2.0 will also drive up Ethereum’s price.
Beyond price, regarding U.S. Congress’s consideration of stablecoin and cryptocurrency regulatory frameworks, Hayes stated that major crypto assets like Bitcoin and Ethereum will play increasingly important roles in the global financial system in the future.
Source: Decrypt, Cointelegraph