Arthur Hayes, co-founder of Bitmex, predicts Bitcoin will reach 250,000 USD by the end of 2025 and possibly 1,000,000 USD by 2028. He believes the current macroeconomic environment supports this growth, with Bitcoin expected to dominate the crypto market before the onset of an Altcoin season.
Recently, Bitcoin achieved a new high of 109,495 USD, reflecting a 4.4% increase against the US dollar in a day and a 25% rise in the past month. This milestone indicates a strong upward trend in Bitcoin’s value, supported by increasing market interest.
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