Arthur Hayes Predicts Bitcoin to Reach $250,000, Holds 10 Times More BTC Than Gold

Maelstrom founder Arthur Hayes on Tuesday predicted Bitcoin (CRYPTO: BTC) to climb significantly higher as governments ramp up liquidity to stave off a credit crunch.

Why Hayes Sees Bitcoin at $250,000

Speaking in an interview with Anthony Pompliano, Hayes argued that governments and central banks will increasingly resort to liquidity injections as fiscal spending, elevated bond yields and the enormous capital requirements of artificial intelligence strain financial markets.

"I think they’re going to print early and print often," Hayes said.

Rather than waiting for a 2008-style financial crisis before intervening, Hayes expects policymakers in the U.S., China, Japan and Europe to provide liquidity before stresses become systemic.

That could eventually leave investors wondering how Bitcoin reached $250,000 without an obvious financial crisis, he said.

Hayes pointed to recent Treasury bond-buyback efforts as an early signal, arguing that policymakers have effectively put a ceiling around the yields they are willing to tolerate.

He believes further intervention is likely if long-term Treasury yields remain elevated and latest measures could not solve underlying problem.