Arthur Hayes predicts Bitcoin may hit $200,000, holds gold, and expects Ethereum to rise
From Yahoo Finance: 2025-05-18 18:34:00
Arthur Hayes, co-founder of BitMEX, faced legal issues with U.S. regulators but received a pardon from Trump. He now focuses on managing Maelstrom fund and predicts Bitcoin could hit $200,000 soon. Hayes warns of increasing U.S. debt and offers insight into market trends and gold investment.
Hayes criticizes U.S. Treasury’s borrowing tactics, citing underfunded programs to avoid debt limits. He notes the deficit is higher than reported due to increased spending without new debt. He believes the government will need to borrow more, impacting liquidity and potentially boosting Bitcoin prices.
Hayes predicts Bitcoin must surpass $110K for alt season to begin, with potential rotation into various altcoins. He anticipates a new narrative for trading and warns against stagnant coins with no customers or revenue. Hayes aims for investments to outperform Bitcoin returns.
Hayes expects Trump’s policies to be crypto-positive but urges patience. He owns physical gold and mining equities, predicting gold prices could soar due to central bank purchases. Hayes allocates approximately 20% of his portfolio to gold and believes the metal could reach $10,000-$20,000 in value.
Hayes discusses potential outcomes for the market, including the rise of gold prices. He shares his investment strategy, including his allocation to gold and his belief in its future value. Hayes also weighs in on the Ethereum vs. Solana debate, emphasizing the importance of strategic investment decisions. Arthur Hayes, co-founder of BitMEX, believes Ethereum will outperform Solana in the next 18-24 months due to its TVL, developer base, and security. He predicts Bitcoin will hit $1 million by the end of 2028, with a price target of $250,000 by the end of 2022. Bitcoin dominance is expected to rise. Source: Fortune.com.