BitMEX co-founder and former CEO Arthur Hayes has made some bold predictions about the future price trajectory of Bitcoin.
Speaking on his latest podcast, Hayes predicted that Bitcoin could reach $100,000 by the end of this year and climb to an impressive $250,000 by the end of 2025.
Hayes attributed his optimism to increased global monetary expansion and favorable market conditions, particularly in light of U.S. President-elect Donald Trump’s projected economic policies. He noted that the potential for credit expansion and a weaker U.S. dollar under Trump’s administration could create an extremely favorable environment for scarce digital assets like Bitcoin.
“The market is pricing in massive quantitative easing, credit expansion and infrastructure investment during the Trump era. This is a perfect storm for Bitcoin, which has a fixed supply,” he explained.
Addressing Dogecoin alongside Bitcoin, Hayes predicted that the memecoin could reach $1 in a bull market. While acknowledging Dogecoin’s speculative nature, Hayes cited its widespread popularity and ability to attract retail investors as reasons for its potential growth.
Hayes offered advice to those experiencing the crypto bull market for the first time, noting that it’s important to remain rational amid the excitement. “It’s easy to get carried away by the excitement, but cashing out at the right time is critical. Don’t let greed prevent you from making gains,” he said.
“We are entering a new era where Bitcoin and other cryptocurrencies will play an increasingly important role in the global financial system,” Hayes said. “I am confident that the $100,000 mark will be reached by the end of the year, and $250,000 in 2025 would be a conservative estimate.”
Hayes ended the discussion on a hopeful note, expressing optimism that Bitcoin’s price could even surpass his 2025 prediction. “I hope it’s not just $250,000, I hope it’s much more,” he said.
*This is not investment advice.
