Arthur Hayes Predicts Bitcoin Soars to $110K-$200K with Treasury Buybacks

Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin (BTC) could surge to between $110,000 and $200,000 due to upcoming U.S. Treasury bond buybacks. Hayes explains that the Treasury’s plan to repurchase older, less liquid bonds will ease market liquidity much like quantitative easing, thus encouraging investors to seek higher yields in riskier assets such as cryptocurrencies. He further draws parallels with the strong Bitcoin rally in late 2022, driven by increased market liquidity. As bond yields are reduced, institutional investors may increasingly rotate into digital assets, potentially triggering significant price movements in Bitcoin. Meanwhile, a shift in traditional monetary policy—with less focus on the Fed’s interest rate cuts and an easing behind the scenes—could compound this effect, leading to heightened market volatility and positive long-term prospects for BTC. This environment may also create spill-over benefits for altcoins as investor interest diversifies towards higher-risk assets.