Arthur Hayes, founder of BitMEX, has made a bold prediction: Bitcoin could surge to $1 million by 2028. His reasoning? A potential second term for Donald Trump, which Hayes believes will lead to unprecedented money printing to stimulate the economy. Speaking at the TOKEN2049 conference in Dubai, Hayes argued that Trump's policies would flood the market with liquidity, benefiting Bitcoin as a hedge against inflation.
Hayes highlighted the 2026 midterm elections as a critical period, where Trump might push for aggressive economic measures to secure political victory. He also warned that renewed trade tensions with China could accelerate money printing further. Bitcoin's inherent scarcity—capped at 21 million coins—positions it as a prime beneficiary of such monetary expansion.
Currently trading around $103,287, Bitcoin would need to increase nearly tenfold to reach Hayes' target. Whether this prediction holds remains to be seen, but the coming years promise significant volatility for the cryptocurrency market.