Arthur Hayes: Bitcoin $1M By 2028? Find Out More!

Arthur Hayes: 'Bitcoin To Hit $1 Million Before 2028'

18 May 2025 at 22: 55

Reading time: 2 minutes

Former BitMEX CEO Arthur Hayes remains adamant that Bitcoin (BTC) will reach the impressive $1 million mark within the next few years. According to him, the changes in the global macro economy are not only a stimulus, but even a necessary condition for this leap.

Two Forces Driving Bitcoin Up

In his recent blog post, written on May 15, Hayes highlights two key factors that could drive this growth: the expected repatriation of foreign capital and the devaluation of US Treasuries. Both of these elements undermine confidence in traditional financial systems, making Bitcoin an attractive alternative.

Hayes argues: “The repatriation of foreign capital and the devaluation of the vast mountain of US Treasuries will be the two catalysts that push Bitcoin to $1 million — sometime between now and 2028.” The choice of 2028 is no coincidence; that is the year of the next US presidential election. A shift in political leadership could drastically change financial policy, with implications for the position of the dollar and therefore for Bitcoin.

Europe under fire

Hayes specifically addresses European savers and warns of increasing capital restrictions. He describes European policy as “a less effective form of communism than China’s.” While even China allows private ownership of Bitcoin, he fears that European governments will restrict the use of crypto even further.

“Don’t expect the European Central Bank to learn this lesson without trying it out for itself first,” he warns. “Make sure you move your money in time.”

More and more people dare to do it

While the prediction of a seven-figure Bitcoin price is bold, Hayes is not alone in this view. Major financial institutions such as Fidelity also foresee a significant increase in value over the next ten years. Michael Saylor, CEO of Strategy (formerly MicroStrategy), also remains optimistic and even sees a future where the price rises to $13 million per BTC.

While such predictions are always speculative, this reflects the continued growth of confidence in Bitcoin as a global asset anchor among certain market players. And who knows, maybe it’s time to start giving your Bitcoin wallet a little more attention, a bit like tending to an exotic plant that suddenly starts blooming!

Frequently Asked Questions

What are the key factors driving the expected Bitcoin price increase?
Hayes points to the repatriation of foreign capital and the downgrade of US Treasuries as the main drivers that could push Bitcoin to $1 million.

Why does Hayes specifically target European savers?
Hayes warns European savers of increasing capital restrictions and fears that governments will want to further restrict crypto, which could undermine their financial freedom.

What are other major financial players saying about Bitcoin?
Major institutions such as Fidelity and the CEO of Strategy are optimistic about a significant increase in Bitcoin's value in the coming years, confirming confidence in this cryptocurrency.

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