• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Due to the mass release of money, Arthur Hayes predicts bitcoin's growth to $ 1 million

Due to the mass release of money, Arthur Hayes predicts bitcoin's growth to $ 1 million

user avatar

by Max Nevskyi

a year ago


Arthur Hayes, former head of the cryptocurrency exchange BitMEX, predicts that the price of Bitcoin will reach $1 million. He expressed this opinion by analyzing the situation around New York Community Bancorp, which, according to him, contrasts with the confident statements of Jerome Powell, chairman of the Federal Reserve System, about the strength of the US economy and banking institutions.

Hayes shared a chart of NYCB stock prices, pointing out the significant losses of the bank and a 40% drop in its stock value in one day after the publication of the profit and loss report. This event caused concern in the US banking sector, especially against the backdrop of reports of a fivefold increase in losses on loans related to commercial real estate.

Commenting on the situation, Hayes suggested that the future will bring even more money issuance, which, in his opinion, will lead to a significant increase in the value of Bitcoin to $1 million.

0

Share

Other news

BlockDAG: New Horizons in Blockchain Accessibility

BlockDAG offers a unique solution for blockchain access by removing traditional barriers and opening new opportunities.

user avatarGiorgi Kostiuk

3 minutes ago

US Tariffs and Their Impact on Bitcoin and Global Markets

The US imposes new tariffs that impact Bitcoin and global markets, but positive changes may lie ahead.

user avatarGiorgi Kostiuk

5 minutes ago

AI Agents in Cryptocurrency: Overview of 10 Promising Projects for 2025

Explore the world of AI agents in the cryptocurrency industry and learn about 10 projects that will shape the market in 2025.

user avatarGiorgi Kostiuk

6 minutes ago

Dragoin ($DDGN) Launches Amid Decline of Major Tokens

The public sale of Dragoin ($DDGN) begins as interest in Dogecoin and Cardano wanes. Discover more about this new project.

user avatarGiorgi Kostiuk

6 minutes ago

News about Mantle: New Updates and Current Trends for MNT

MNT continues a bearish trend despite the launch of new products and strategies, including Mantle Banking and MI4.

user avatarGiorgi Kostiuk

7 minutes ago

Nexchain: A Promising Project at the Intersection of Blockchain and AI

Nexchain represents a new project in the blockchain market integrating AI for high speed and efficiency.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.