$100,000 First, Then $125,000 In Focus

Hayes said Bitcoin could reach $100,000 after the northern hemisphere summer, with a potential move toward $125,000 by the end of 2026 if macro liquidity conditions continue to improve.

He argued that the primary driver is not regulation or political developments, but expanding dollar liquidity and global macroeconomic conditions.

According to Hayes, Bitcoin is already outperforming traditional markets such as the Nasdaq, and he expects that trend to continue into the fall if geopolitical and economic risks remain contained.

He pointed to Hyperliquid (CRYPTO: HYPE) as an example of a project attracting meaningful liquidity and user engagement,…

Read more on Benzinga