Arthur Hayes Predicts Bitcoin to Reach $100K by 2024

Source Livebitcoinnews

Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end of 2024 and potentially soar to $1 million by 2025. Hayes attributes this anticipated surge to the U.S. Treasury’s actions, particularly their liquidity injections into the economy.

In a recent blog post, Hayes noted that the moves that are expected from Yellen, the U.S. treasurer, would affect most markets, including Bitcoin. He stated that with constant addition of money by the US Treasury through budget deficits could boost the Bitcoin price to new highs. Hayes particularly highlighted that Yellen might pump between $301 billion and $1.05 trillion into the economy by year-end. According to Hayes, there are potential scenarios where Bitcoin bears might lose control, and recent dips and falls may be short-lived with BTC rising to $100,000.

Arthur Hayes Envisions Record-Breaking Bitcoin Gains Amid U.S. Policy Shifts

In further detail, Hayes forecasts a brighter outlook for 2025. He believes that once the issue of raising the debt ceiling in the US is addressed, there will be a lot of cash flows from the Treasury in addition to the Federal Reserve. He says that it will ultimately create the perfect environment for a mammoth bull market in Bitcoin, as the price could skyrocket to $1 million.

He also briefly discussed the November election in the United States, where he stated that changes in this election would also raise the issue of market uncertainty. He says that he would rather completely resume new bond sales after the election and once the issue of the debt ceiling is out of the way.

Finally, Arthur Hayes refers to a bright future in a bull market for cryptocurrencies, especially Bitcoin, promoted by the decisions of the US government and the overall global situation, which can bring record-breaking gains to investors in the next few years.

The post Arthur Hayes Predicts Bitcoin to Reach $100K by 2024 appeared first on Live Bitcoin News.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Markets in 2026: Will gold, Bitcoin, and the U.S. dollar make history again? — These are how leading institutions thinkAfter a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Author  Insights
Dec 25, 2025
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
placeholder
Finding The Best Japan Stocks to Buy? These are Top Japanese Companies to Watch Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Author  Mitrade
May 29, Fri
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
placeholder
Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike betsGold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.
Author  FXStreet
Aug 05, Wed
Gold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.
placeholder
Bitcoin Price Forecast: Persistent ETF inflows, easing Middle East tensions lift risk appetiteBitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
Author  FXStreet
Aug 06, Thu
Bitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
placeholder
Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
Author  TradingKey
Aug 07, Fri
As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
goTop
quote