Arthur Hayes predicts BTC could reach $1M by 2030 and favors ETH over HYPE.

According to Huoxing Finance, on September 2, BitMEX co-founder Arthur Hayes stated that Bitcoin currently has the conditions to reach $1 million before 2030, with potential catalysts including large-scale monetary easing following the burst of the AI bubble and the implementation of yield curve control by the United States. He believes $58,000 may already be the bottom of this cycle, after which BTC will gradually rise. However, Hayes’s preferred crypto asset at present is ETH. He argues that ETH offers a superior risk-reward profile compared to HYPE and could surge three to five times in a relatively short period. His reasoning is that Ethereum remains the foundational layer for DeFi, and as a major crypto asset, ETH has yet to surpass its 2021 all-time high, resulting in relatively lower market attention and valuation. Hayes noted that Hyperliquid is now well-known in the market, with investors holding high expectations, meaning HYPE’s price no longer exhibits the same asymmetric upside potential as before—though this does not imply it won’t continue rising. He also believes Trump’s statements have limited impact on Bitcoin’s price; investors should instead focus on the concrete actions of Besent, the U.S. Treasury, the Federal Reserve, and other monetary authorities.