Arthur Hayes Predicts Acceleration of Bitcoin Bull Run Above $90,000

ChainCatcher reports that Arthur Hayes, co-founder of BitMEX, stated in his latest blog post that the Bitcoin bull market truly began on February 28 with the outbreak of war between the U.S. and Iran. AI capital expenditures, war-related spending, and global investments in physical infrastructure to secure supply chains will drive unchecked expansion of fiat credit, continuing to benefit Bitcoin. Hayes noted that Bitcoin has rebounded from its early-year low of $60,000 and reaffirmed that surpassing its previous high of $126,000 is “inevitable.” He argued that the scale of AI-related capital spending this cycle is unprecedented, with central banks like the Federal Reserve printing more money. As trust in U.S. dollar assets declines, nations are shifting toward investments in physical infrastructure and commodity reserves, further fueling fiat expansion. He expects Bitcoin’s upward momentum to accelerate after breaking $90,000 and has increased his Maelstrom portfolio’s risk exposure to maximum levels. Aside from Hyperliquid and Zcash, Hayes’ next most favored altcoin is NEAR, which he will explain in a follow-up article for how its privacy narrative and Intent architecture generate positive cash flow for the protocol. He concluded by stating that while we are currently in a bull market, there will eventually be a time to sell—just not now.