Arthur Hayes, co-founder of BitMEX, has turned sharply bullish on Bitcoin, tying his outlook to U.S. Treasury and Federal Reserve dynamics. In a tweet highlighted by Wu Blockchain, Hayes argued that Treasury Secretary Scott Bessent’s expansion of longer-dated Treasury buybacks is increasing dollar liquidity, creating conditions that could favor Bitcoin significantly.
Hayes expanded on this during an appearance on the Altcoin Daily YouTube channel, predicting Bitcoin could enter a “parabolic” rally and reach “hundreds of thousands of dollars” in the near term. He urged investors to accumulate now, pointing to concerns about potential Federal Reserve bond-yield control. Hayes compared current financial conditions to the lead-up to the 2008 crisis, suggesting excessive monetary intervention may devalue fiat currencies and push investors toward hard assets like Bitcoin.
He noted that although the Fed has not officially adopted yield curve control, any move to cap Treasury yields could expand the money supply and weaken the dollar’s purchasing power. While these remarks are speculative and not financial advice, they add to the broader narrative that macro liquidity and government debt levels may reinforce Bitcoin’s appeal as a hedge.
