Arthur Hayes says Trump will ‘massively’ devalue the dollar sending Bitcoin to $250,000

It’s each state for itself successful 2025 — and they’re bringing the printer.

At slightest that’s what Arthur Hayes predicts.

The overarching taxable for 2025 is an acceleration of wealth printing owed to nationalistic economical policies, the main concern serviceman for Maelstrom money told DL News.

“Every federation volition enactment their citizens first, and people wealth successful an effort to creaseless retired volatility,” helium said.

This volition acceptable disconnected a concatenation absorption of currency devaluation, which Hayes reckons volition propulsion investors to question refuge successful alternate assets specified arsenic gold, and cryptocurrencies.

“Bitcoin reaches $250,000 by the extremity of the year,” helium told DL News.

Hayes is the latest marketplace watcher to task Donald Trump’s presidency to pump the worth of Bitcoin. The president-elect has promised to present crypto-friendly policies that the manufacture expects volition catapult the plus class.

Bucking the dollar

Trump volition beryllium much assertive successful his monetary argumentation than different state leaders, Hayes said.

“Trump volition massively devalue the dollar versus gold,” helium told DL News.

This script would antagonistic the greenback’s spot station predetermination — it soared to a two-year precocious — on with hawkish moves from the Federal Reserve successful precocious December.

The Fed has indicated it plans to support higher rates and a restrained monetary policy, straight opposing the benignant of concern Hayes predicts.

Some investors accidental determination is an unusual situation pairing the dollar with Bitcoin with some assets looking bullish close now. Usually, the crypto soars erstwhile the dollar devalues and vice-versa.

Bitcoin’s roadmap

This week, Hayes outlined his roadmap for Bitcoin successful 2025.

“It volition beryllium clip to merchantability successful the precocious stages of the archetypal quarter” and hold until “positive fiat liquidity conditions” instrumentality successful the 3rd quarter,” helium wrote successful his latest blog station connected Tuesday.

Hayes expects the dollar liquidity to summation successful aboriginal 2025, arsenic the US Treasury borrows superior to money the government. During those times, Bitcoin and crypto prices besides thin to rise.

Analysts from Tyr Capital, Standard Chartered, and Bernstein task that Bitcoin volition deed $200,000 by the extremity of the year.

Pedro Solimano is simply a Markets Correspondent astatine DL News. Got a tip? Email him astatine [email protected].