In a recent interview on the "Alpha First" program, Arthur Hayes, the co-founder of the Bitcoin trading platform BitMEX, shared his unique insights on President Trump's potential economic policies, global inflation, and the future price trend of Bitcoin. He predicted that the price of Bitcoin could soar to $250,000 by 2025.
Economic Policies Favorable to Bitcoin
Arthur Hayes stated that if the Trump administration takes office, it may pursue a "weakening of the US dollar" policy to attract manufacturing back to the United States. This will be achieved through large-scale credit issuance and increased market liquidity, measures that will further drive inflation. He believes that the depreciation of the US dollar will lead investors to shift their funds to scarce assets, such as Bitcoin and gold.
He added that as a fixed-supply asset, Bitcoin will perform exceptionally well in this context. "The ultimate losers are those who save in dollars or hold government bonds, while scarce assets like Bitcoin will be the biggest winners."
Furthermore, Arthur Hayes noted that countries are currently pursuing "domestic priority" economic policies, such as the "America First" policy in the US and the "Common Prosperity" policy in China. He believes that this trend will further drive global inflation, and Bitcoin, as an anti-inflation asset, will stand out in this context.
He also predicted that traditional financial capital will enter the market after the rise in cryptocurrency prices, which could further drive capital flows towards key cryptocurrency projects.
Bitcoin Price Prediction
Arthur Hayes predicts that the price of Bitcoin will break through $100,000 by the end of the year, reaching a new historical high. With the intensification of inflation and the impact of US economic policies, the price of Bitcoin could further rise to $250,000 by the end of 2025.
He emphasized that the rise of Bitcoin will drive capital flows towards other categories of crypto-assets, including MEME coins, Non-Fungible Tokens (NFTs), Layer 1 and Layer 2 blockchains:
"Bitcoin leads the market, and then capital will gradually flow into other categories of assets. The goal is not to return to fiat currency, but to earn more cryptocurrencies."
MEME Coins and Other Crypto-Assets
Regarding the rapid rise of MEME coins, Arthur Hayes mentioned the example of a MEME coin called Pnut, which grew from zero to $2 billion in just nine days, demonstrating the rapid spread of the MEME culture. He also mentioned "blue-chip MEME coins" like Dogecoin, believing that their prices reaching $1 is possible.
Furthermore, he expressed optimism about the future development of NFTs and Layer 2 blockchains, believing that these innovative areas will benefit from the overall growth of the crypto market.
Advice for New Investors: Maintain Rationality
In the interview, Arthur Hayes also reminded new investors to remain vigilant and avoid greed during the bull market, suggesting they take profits in a timely manner to preserve their gains. He emphasized:
"If you've made a life-changing amount of money, then take out a portion and cash it in."
He also pointed out that while the cryptocurrency market is full of opportunities, it also carries risks, especially for highly volatile assets like MEME coins. He advised investors to manage their risks carefully and avoid repeating past mistakes.
