Arthur Hayes Predicts Bitcoin to Skyrocket to $250K Amidst Fiscal Stimulus and Money Printing

Bitcoin’s price is set to more than double within the next six months, reaching an astonishing $250,000, according to Bitcoin billionaire and BitMEX co-founder Arthur Hayes. This bold prediction comes as the U.S. government shifts its fiscal policies away from tariffs, which have rattled markets, towards more politically palatable measures like money printing and capital controls.

Why the Surge?

Hayes argues that with midterm elections approaching, the Trump administration will need to demonstrate it has "brought goodies for the population" to secure Republican votes in 2026. Accelerated money printing by the Federal Reserve is expected to play a key role in this strategy, injecting cheap liquidity into the economy and supporting risk-on assets like Bitcoin.

Fiscal Stimulus on the Horizon

Among the potential fiscal stimuli, Hayes highlights changes to Fannie Mae and Freddie Mac, which could make mortgages more affordable and spur economic growth. Additionally, discussions around easing leverage ratios for banks' exposure to U.S. debt could further buoy global capital markets.

The Shift to Capital Controls

Hayes also predicts a move from tariffs to capital controls, taxing foreign government holdings of bonds, equities, and land. This shift could drive governments towards Bitcoin and gold as alternative reserves, a theme central to Hayes' latest essay where he also forecasts Bitcoin hitting $1 million before 2028.

Ethereum's Comeback

Not just Bitcoin, Hayes sees Ethereum making a significant comeback, potentially rising to $5,000 this year, despite its recent underperformance compared to other layer-1 coins like Solana.