‘Money Printing’ Will Lift Bitcoin to $250K This Year: Arthur Hayes
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In brief Bitcoin will hit $250,000 this year, according to BitMEX co-founder Arthur Hayes. The White House will shift away from tariffs to avoid political fallout, he added. A tax on foreign capital could drive governments toward Bitcoin and gold, he argued. Bitcoin’s price will more than double within the next six months, swelling to $250,000, according to Bitcoin billionaire and BitMEX co-founder Arthur Hayes, as U.S. President Donald Trump moves away from the market-rattling impact of tariffs toward other fiscal policies. “Midterm elections are coming up in the U.S.,” he told Decrypt at Bitcoin 2025 in Las Vegas. “While the Trump administration went hard on tariffs and was taking this market pain for the last three months, that narrative has to shift.” Instead of pursuing trade policies that could weigh on economic growth and potentially hurt Americans’ ability to afford everyday goods, Hayes—who has made his fair share of bold predictions—argued that the president will have to show he “brought goodies for the population” to help Republicans at the ballot box come 2026. “They’re going to accelerate the money printing,” Hayes said, referring to the Federal Reserve—an independent government agency that is primarily responsible for managing the U.S. money supply. Among policies that U.S. Treasury Secretary Scott Bessent has teased as fiscal stimulus, Hayes highlighted potential changes to Fannie Mae and Freddie Mac, government-backed mortgage giants that have been under government oversight since the 2008 financial crisis. If the government-sponsored enterprises are allowed to go public and raise capital again, that would inject cheap liquidity into the housing market, Hayes said. Allowing them to “lever up their balance sheets” would also make mortgages more affordable, he said. Among knock-on effects, increased housing activity could theoretically spur economic growth and support risk-on assets. On top of that, discussions surrounding a…