Bitcoin has added 20% since mid-August, rocketing higher as the so-called debasement trade that see investors bet against the U.S. dollar returns (confirming Elon Musk’s nightmare).
‘Get Ready’—Bitcoin Is Suddenly Hurtling Toward A ‘Huge’ Money Printing Price Shock
Bitcoin has added 20% since mid-August, rocketing higher as the so-called debasement trade that see investors bet against the U.S. dollar returns (confirming Elon Musk’s nightmare).
Forbes
Publisher
Aug 29, 2026 at 12:51 PM UTC · 3 분 소요

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bitcoin
Market Impact
BTC-2.20%$77,592
Last Updated
1분 전
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The bitcoin price, stuck in a downward trend for most of 2026, broke out of its slump as “panic” suddenly gripped markets, adding $300 billion to bitcoin’s market capitalization in mere hours.
After the sudden bitcoin price surge, traders are now braced for fresh U.S. money printing, with one closely-watched trader telling people to “get ready.”
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U.S. Treasury secretary Scott Bessent has primed the bitcoin price and crypto market for a fresh round of money printing.
Getty Images“Get ready, start buying,” Arthur Hayes, a cofounder of the bitcoin and crypto derivatives pioneer BitMex exchange who now runs the Maelstrom Fund, told podcaster Anthony Pompliano, adding that he expects bitcoin to do “very, very well” in the coming years.
"I think that we’re not going to get a 2008-style, massive credit event but we’re just going to continue print and print and print and you’re going to look up and see bitcoin at $250,000."
Market Context
Bitcoin
BTC
$77,588
-2.31% (24H)
Market Cap
$1.56T
24H Volume
$25.5B
24H High
$79,820
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