According to ChainCatcher, Arthur Hayes, co-founder of BitMEX, stated that Bitcoin is有望 reaching $1 million before 2030, citing factors such as the bursting of the AI bubble, massive money printing, and the potential for the U.S. to implement yield curve control. He believes $58,000 is likely the bottom of this cycle, with Bitcoin expected to rise in a volatile upward trend. However, Hayes currently favors Ethereum, arguing that it offers a better risk-reward profile and could quickly achieve a 3x to 5x gain, as Ethereum serves as the foundational layer for DeFi and remains the only major-cap crypto asset yet to surpass its 2021 all-time high. Regarding Hyperliquid, he expressed caution, noting that its potential is already fully reflected in its price, and capital would be better deployed elsewhere in the altcoin market. Hayes also stated that Trump has little to no impact on crypto asset prices; instead, monetary authorities like the Federal Reserve are the true determinants of price movements. On the upcoming closure of BitMEX on September 23, he said he “feels great,” emphasizing that this is a voluntary shutdown driven by his own decision—not due to a hack—and that operating an exchange without a scale advantage is no longer economically viable.
Arthur Hayes Predicts Bitcoin Could Reach $1 Million by 2030, Favors Ethereum
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Summary
Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could reach $1 million by 2030, citing the AI bubble burst, monetary expansion, and U.S. yield curve control. He views $58,000 as a cycle low, with Bitcoin likely to rise in a volatile pattern. While he favors Ethereum for its superior risk-reward profile, he notes it has not yet surpassed its 2021 high. He also mentions that the spot Bitcoin ETF and its approval could influence market dynamics. Hyperliquid’s price expectations are already priced in, he says, and Trump has minimal impact on crypto compared to central banks. BitMEX’s shutdown on September 23 is voluntary, not due to a hack.
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