In his latest article, Arthur Hayes stated that the current crypto market bull run has officially begun following the U.S. military action against Iran on February 28. He believes that expanded AI capital expenditures, increased investment in energy and infrastructure, and loosening financial conditions by the Federal Reserve and the People’s Bank of China will drive continued expansion of dollar and renminbi credit, benefiting Bitcoin and other crypto assets. Arthur Hayes expects Bitcoin’s return to $126,000 is “almost certain.” Additionally, he mentioned that, alongside Hyperliquid (HYPE) and Zcash (ZEC), NEAR is also one of the tokens he is closely monitoring.
Arthur Hayes Predicts Bitcoin Bull Market to Launch After February 28 Iran Conflict, Eyes NEAR and Others
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Summary
Arthur Hayes, in a recent article citing TechFlow, stated that Bitcoin market news signaled the launch of a bull market following the U.S. strike on Iran on February 28. He views AI spending, energy investment, and monetary easing by the Fed and PBoC as key drivers of USD and CNY credit expansion, which will benefit Bitcoin and crypto assets. Hayes forecasts Bitcoin reaching $126,000 as nearly certain and has highlighted NEAR, Hyperliquid (HYPE), and Zcash (ZEC) as tokens under his observation.
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