Metro

Trump Administration’s Money Printing May Drive Bitcoin to $750,000 by 2026-27, According to Arthur Hayes

Share
Share

Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, forecasts that Bitcoin could surge to between $500,000 and $750,000 by the end of 2027. In a recent interview with CoinDesk, he attributed this potential rise to expected increases in money printing by the Trump administration during 2026-2027. Hayes stated, “The Trump administration is going to do what they know how to do best: When in doubt, print the money.” He argues that such fiscal measures could lead to the devaluation of the U.S. dollar, prompting investors to seek alternative assets like Bitcoin as a hedge against currency debasement.

Hayes pointed out that both major political parties in the U.S. have historically engaged in money printing to stimulate the economy, especially during election years, and he believes this trend will persist. This view aligns with his earlier prediction of Bitcoin reaching $200,000 by the end of 2026, driven by the Federal Reserve’s Reserve Management Purchases (RMP) program, which he regards as a form of quantitative easing.

  Tinubu Mourns Passing of Nigerian Navy Chief of Operations Rear Admiral Katagum

His optimistic outlook is echoed by other notable figures in the cryptocurrency space, including investor Anthony Pompliano, who also emphasizes the role of substantial money printing in driving Bitcoin’s price. Currently, Bitcoin is trading at approximately $88,797.03, with a 1.51% increase over the past 24 hours. Market participants are closely watching fiscal policies and their implications for the cryptocurrency market, reflecting a heightened focus on how economic conditions may influence Bitcoin’s future trajectory.

Share
Written by
QncNews

Covering Entertainment, Politics, World News, Sport News, Crimes, Conflict, Metro, Economy & Business News

9 Comments

  • Im not convinced Trumps money printing will boost Bitcoin to $750k. Seems like a stretch. What do you all think?

  • Wow, $750,000 for Bitcoin? That sounds wild! Im curious to see if its just hype or if theres some truth to it.

  • Wow, $750,000 for Bitcoin by 2026-27? Seems far-fetched, but hey, crazier things have happened! Lets buckle up and see where this ride takes us.

  • Im not convinced about Bitcoin hitting $750,000 based on Trumps money printing. Seems like a stretch. What do you all think?

  • Im not convinced about Bitcoin hitting $750,000. Seems like a stretch. What do you all think? Lets discuss!

  • Wow, $750,000 for Bitcoin by 2026-27? Seems optimistic. What do you all think? Is it possible or just wishful thinking?

Leave a Reply to Giovanna Ware Cancel reply

Your email address will not be published. Required fields are marked *