Arthur Hayes: Bitcoin price may rise to $200,000 in 2025, with a target of $1 million in 2028

PANews September 15th news, according to Finance Feeds, BitMEX co-founder Arthur Hayes predicted in his latest interview that the price of Bitcoin may climb to $200,000 by the end of 2025, and U.S. Treasury bond repurchases are the main driving force. Hayes believes that the potential U.S. government bond repurchase program will inject new liquidity into the economy, and by reducing volatility in the Treasury market and freeing up capital, it can direct investors' capital flows to riskier assets, including Bitcoin. This macro environment will become a catalyst for a sharp rise in Bitcoin prices. If favorable conditions continue, the Bitcoin price may reach $200,000 by the end of the year. Arthur Hayes further extends his bullish stance to the long term, believing that the price of Bitcoin could reach $1 million by the end of 2028. He pointed out that this forecast is closely related to U.S. fiscal spending trends and broader political developments, and that ongoing deficit spending and monetary interventions will weaken people's confidence in fiat currencies, thereby promoting the popularity of Bitcoin as a hedge tool.