Altcoin Season Starts Q3 But Not All Coins Will Rise: Arthur Hayes
- Arthur Hayes predicts Bitcoin at $250K by EOY 2025, $1M by 2028, citing US debt.
- Hayes expects a selective altcoin season by Q3, with Ethereum outperforming Solana.
- He links BTC’s rise to Treasury actions, market liquidity; holds 20% gold.
Arthur Hayes, the co-founder of BitMEX, has predicted that Bitcoin could reach $250,000 before the end of 2025 and $1 million by 2028.
Speaking at Token2049 in Dubai, Hayes largely attributes these optimistic targets to an anticipated expansion of U.S. government debt, a consequent increase in market liquidity, and potential shifts in political leadership.
Hayes Links Bitcoin Surge to US Debt, Treasury’s Liquidity Measures
Hayes elaborated on the U.S. fiscal situation, noting the Treasury’s reliance on non-traditional methods, such as drawing down the Treasury General Account (TGA) and employing “Extraordinary Measures,” to sustain government operations without issuing new debt that would breach the current debt ceiling.
The TGA, he pointed out (with information reportedly shared by sources like @WuBlockchain on X), reportedly dropped from $750 billion to $450 billion in Q1 2025. He further observed that while ne…
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Altcoin Season Starts Q3 But Not All Coins Will Rise: Arthur Hayes
- Arthur Hayes predicts Bitcoin at $250K by EOY 2025, $1M by 2028, citing US debt.
- Hayes expects a selective altcoin season by Q3, with Ethereum outperforming Solana.
- He links BTC’s rise to Treasury actions, market liquidity; holds 20% gold.
Arthur Hayes, the co-founder of BitMEX, has predicted that Bitcoin could reach $250,000 before the end of 2025 and $1 million by 2028.
Speaking at Token2049 in Dubai, Hayes largely attributes these optimistic targets to an anticipated expansion of U.S. government debt, a consequent increase in market liquidity, and potential shifts in political leadership.
Hayes Links Bitcoin Surge to US Debt, Treasury’s Liquidity Measures
Hayes elaborated on the U.S. fiscal situation, noting the Treasury’s reliance on non-traditional methods, such as drawing down the Treasury General Account (TGA) and employing “Extraordinary Measures,” to sustain government operations without issuing new debt that would breach the current debt ceiling.
The TGA, he pointed out (with information reportedly shared by sources like @WuBlockchain on X), reportedly dropped from $750 billion to $450 billion in Q1 2025. He further observed that while ne…
The post Altcoin Season Starts Q3 But Not All Coins Will Rise: Arthur Hayes appeared first on Coin Edition.
Read More
Solana Leads in DEX Volume for 5th Week; Q1 App Revenue Hits $1.2 Billion