• 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

The Era of New Crypto: MAGACOINFINANCE Gains Attention in 2025

MAGACOINFINANCE attracts attention in the crypto market in 2025, offering unique opportunities and alternatives to Bitcoin and Solana.

user avatarGiorgi Kostiuk

a minute ago

Investors Turn to Mutuum Finance as Presale Phase 4 Gains Momentum

Mutuum Finance raises $6M in Phase 4 of presales as ETH and SOL slow down.

user avatarGiorgi Kostiuk

a minute ago

Joelle Pineau Leaves Meta: Future of AI Research

Joelle Pineau, Meta's VP of AI Research, is leaving. This event precedes the LlamaCon conference.

user avatarGiorgi Kostiuk

2 minutes ago

BlackRock Expands Bitcoin ETP Operations in Europe with FCA Approval

BlackRock receives UK FCA approval for Bitcoin ETP operations, strengthening its position in the European crypto industry.

user avatarGiorgi Kostiuk

11 minutes ago

Eric Trump on the Future of Cryptocurrencies and Their Role in Finance

Eric Trump highlighted the significance of cryptocurrencies in finance, sparking a wide-ranging industry response.

user avatarGiorgi Kostiuk

21 minutes ago

Crypto Community's April Fools’ 2025 Highlights: Greenland and SBF Jokes

Crypto enthusiasts celebrated April Fools’ with pranks of Greenland purchase rumors and Sam Bankman-Fried's supposed keynote.

user avatarGiorgi Kostiuk

22 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.