BitMEX co-founder Arthur Hayes believes Bitcoin could hit the $1 million mark within the next three years—and it all comes down to economic policy and political cycles.
Speaking at the TOKEN2049 conference in Dubai, Hayes argued that a potential second Trump presidency would bring a wave of aggressive money printing, especially around the 2026 midterm elections.
According to Hayes, this anticipated liquidity injection would aim to stimulate the economy and boost political favor, much like previous cycles that saw loose monetary policy correlate with Bitcoin rallies.
He also pointed to escalating tensions between the U.S. and China as a possible trigger for more Federal Reserve intervention.
Should trade negotiations break down, Hayes expects policymakers to respond with stimulus-driven strategies designed to project economic strength—a move he believes would further fuel Bitcoin’s ascent.
“This time,” he noted, “Bitcoin isn’t just reacting to markets—it’s positioned to thrive on the structural shift in global power and monetary expansion.”
In his view, the mix of geopolitical friction and inflationary policy could send Bitcoin to levels well beyond anything seen in previous cycles.
A historically accurate technical indicator that has predicted every major Bitcoin crash is flashing once more, warns crypto analyst Ali Martinez.
The Bitcoin market is entering a complex phase marked by rising realized profits, reduced whale balances, and historically prolonged sideways price movement.
European banking giant UniCredit is preparing to offer its professional clients a new investment product linked to BlackRock’s spot Bitcoin ETF (IBIT), according to a report by Bloomberg.
Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.