On March 24, Arthur Hayes, co-founder of the cryptocurrency Derivative exchange BitMEX, made an optimistic forecast about Bitcoin's price, affirming that BTC has the potential to exceed $110,000 before returning to test the support level of $76,500

According to Hayes, the main driving force behind Bitcoin's continued growth is the change in monetary policy by the US Federal Reserve (Fed). He points out that the Fed is gradually shifting from Quantitative Tightening (QT) to Quantitative Easing (QE), focusing on the Treasury bond market. This could lead to liquidation being pumped into the economy, creating a favorable environment for risky assets like Bitcoin to increase in price.

Additionally, Hayes also dismisses concerns about tariffs, arguing that this factor does not significantly affect the market because inflation is only "temporary". He recalls the view of Fed Chairman Jerome Powell, who has previously mentioned this issue in his statements.