Arthur Hayes, co-founder of BitMEX and macro-analyst, recently predicted that Bitcoin’s price will reach between $750,000 and $1,000,000 per coin within 3 years. His prediction is based on the idea that all financial assets are due for an unprecedented boom. Hayes believes that Bitcoin will remain near $25,000 to $30,000 this year, before rising beyond its previous all-time high of $69,000 by the end of 2024.The growth of the economy and the upcoming halving event in April, as well as the potential launch of more spot Bitcoin ETFs by large asset managers, will fuel the price increase. Hayes also believes that governments will print more money than ever before to conduct yield curve control, and this money printing will be combined with the latest hype wave around artificial intelligence (AI) to create “the biggest tech boom mania that we’ve ever seen.”Hayes is a bull on both AI and crypto, and he has previously written essays arguing that AI will choose BTC as its native currency. He plans to deploy more capital into both sectors once the Federal Reserve to a policy of lower interest rates.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	10
People	Impact Theory, Arthur Hayes, BlackRock, Federal Reserve
Companies	BitMEX, Impact Theory, Federal Reserve, BlackRock, Nasdaq
Currencies	s&p500, NADA Protocol Token, US Dollar, Ethereum, Bitcoin
Securities	None