The Daily Dose: Bitcoin Heads for $1 Million by 2028, Says BitMEX Founder Arthur Hayes
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Trump Plans to Increase Money Supply with Intention to Boost Bitcoin Price to $1,000,000 by 2028: According to Arthur Hayes
🔔 HODLX Latest Stories 🔔Remember, we're all about crypto here! Today, we're talking about Arthur Hayes' Bitcoin prediction, and the potential reasons behind it.
BitMEX creator Arthur Hayes has controversially declared that Bitcoin could surpass the seven-figure mark, hitting $1 million, in just three years. This prediction stems from Hayes' anticipation of a possible easing of US monetary policy, which would lead to increased liquidity.
🗣 "We're looking at around a $1 million Bitcoin by 2028..."
🌟 Standout Insight 🌟Hayes speculates that the increasing use of capital controls globally could lead to a shift from traditional financial instruments to digital assets like Bitcoin. This, coupled with a weakening US economy and escalating geopolitical tensions, could speed up Bitcoin's growth.
💰 Investment Highlights 💰
- Bitcoin trading at $103,287, with no significant changes on the day.
- In the past, easing monetary policies have often been followed by new Bitcoin all-time highs.
- Hayes also suggests that geopolitical factors, such as a breakdown in US-China trade negotiations, could trigger Fed money printing, boosting Bitcoin's price.
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⚠️ Disclaimer ⚠️Opinions expressed here are not financial advice. Investors should always do thorough research and due diligence before investing in Bitcoin, crypto, or any digital assets.
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- While the general-news landscape discusses Bitcoin's potential surge, other digital assets, such as altcoins, could also gain traction as investors seek diversification in the cryptocurrency market.
- As the blockchain technology underlying cryptocurrency gains wider acceptance in finance, it's essential to remain aware of the political context, as geopolitical tensions and monetary policies can greatly influence the value of cryptocurrencies like Bitcoin.
- In the world of finance and beyond, the growing discussion about cryptocurrency like Bitcoin extends beyond just investment opportunities into various sectors, including politics and general-news, making it a subject of increasing interest for a global audience.