Based on Coinotag, Arthur Hayes, co-founder of BitMex, predicts Bitcoin will range between $80,000 and $100,000 until the end of 2024 before surging to $200,000 by March 2025. He attributes this potential rise to the Federal Reserve’s Reserve Management Purchases (RMP) policy, which he views as a form of quantitative easing that could boost asset prices, including Bitcoin.
Arthur Hayes Predicts Bitcoin Could Hit $200,000 by March 2025 Amid Fed’s RMP Policy
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Summary
Arthur Hayes, co-founder of BitMex, says Bitcoin could reach $200,000 by March 2025, citing the Fed’s Reserve Management Purchases (RMP) policy as a form of quantitative easing. He expects Bitcoin to trade between $80,000 and $100,000 through 2024 before a sharp rise. Hayes links the potential rally to regulatory policy shifts and broader macroeconomic factors. The RMP policy, he argues, could indirectly support asset prices, including Bitcoin, amid ongoing efforts like Countering the Financing of Terrorism.
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