Arthur Hayes: "Bitcoin (BTC) Could Rise to $200,000 This Summer"

Arthur Hayes, co-founder of BitMEX, predicted that Bitcoin (BTC) could surge to as high as $200,000 this summer.

According to crypto media outlet Daily Hodl on the 17th, Hayes stated in an interview with crypto influencer Anthony Pompliano, "Bitcoin could rise to $250,000 this year, and a short-term rally to the $150,000-$200,000 level could occur this summer." He added, "As the 90-day tariff deferment declared by the Trump administration approaches its end, it could cause extreme volatility in the market."

Hayes projected, "Around July 4th, most countries' tariff deferments will expire, and by early August, measures against China will end," predicting increased selling pressure and price reactions around this period.

He believes that if the U.S. continues to inject more money into the economy and restricts the movement of foreign capital in the long term, such policy changes could drive up Bitcoin prices.

Hayes argued, "If taxes are imposed on foreign assets, foreign investors will sell their assets, followed by the issuance of dollars to cover this," claiming that "Bitcoin will be the biggest beneficiary in this process and could eventually rise to a million dollars." He predicted that "this period will be between now and the end of President Trump's term in 2028."