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Arthur Hayes, former BitMEX CEO and prominent crypto influencer, recently made waves by urging that Bitcoin could possibly surge to $250,000 by the end of 2025, more than double its current figure in less than six months. This has been dismissed by some as overly optimistic, yet a growing body of macroeconomic and on-chain data shows his call is not as fanciful as it seems.
The source article is here: https://decrypt.co/323135/money-printing-lift-bitcoin-250k-this-year-arthur-hayes
Independent of this article, there are other macro signals which support this view.
Macro Tailwinds: M2 Money Supply Is Growing Again
One of the most compelling arguments for Hayes’ estimation is in global…
Read more on Benzinga