BitMEX Co-Founder Remains Bullish: Bitcoin Rally Set to Continue Amid Global Money Printing

Bitcoin experienced a notable surge to $116,000 on Monday before settling back around $115,000, but according to Arthur Hayes, the short-term price fluctuations shouldn't overshadow the fundamental forces driving cryptocurrency markets higher.

The BitMEX co-founder and Maelstrom Chief Investment Officer argues that investors are focusing too heavily on immediate price action rather than the macroeconomic conditions that will ultimately propel Bitcoin to unprecedented levels.

Central Bank Policies Fuel Cryptocurrency Optimism

Hayes challenges the conventional four-year Bitcoin cycle theory, instead emphasizing that global liquidity conditions will determine the cryptocurrency's next major rally phase. He identifies central banks worldwide, including the Federal Reserve and European Central Bank, as continuing their expansionary monetary policies.

During his conversation with Kyle Chassé, Hayes explained that monetary authorities will persist with aggressive money creation and fiscal stimulus measures to address political and economic challenges. He specifically highlighted rising geopolitical tensions and the shifting global power structure as catalysts for continued monetary expansion.

The investment strategist anticipates that U.S. political developments will amplify this trend, particularly expecting significant spending initiatives during President Donald Trump's second administration, especially from mid-2026 forward.

Bitcoin Positioned as Superior Asset Class

Hayes characterizes Bitcoin as the "faster horse" compared to traditional investments in this environment of continued monetary stimulus. He addresses criticism from recent Bitcoin purchasers questioning why the asset hasn't reached $150,000, calling expectations of immediate wealth creation unrealistic.

The cryptocurrency advocate draws compelling historical comparisons, noting that while U.S. equities appear strong in dollar terms, they haven't recovered relative to gold since 2008. When measured against Bitcoin's performance, traditional stocks show minimal gains, he argues.

Hayes emphasizes that sustainable wealth creation comes from long-term compounding returns rather than speculative short-term positions.

Ambitious Price Target Maintained

Despite acknowledging potential future risks as liquidity conditions eventually peak, Hayes maintains his bold prediction of Bitcoin reaching $250,000 in 2025. The Maelstrom executive believes the market remains far from a speculative peak.

He views Bitcoin as the ultimate protection against currency devaluation, emphasizing that patience will be crucial for investors seeking to benefit from this positioning. The key, according to Hayes, lies in recognizing Bitcoin's role as a hedge against monetary debasement rather than chasing immediate returns.

The investment professional's outlook suggests that current global economic policies will continue creating favorable conditions for both equity markets and cryptocurrencies, with Bitcoin likely to outperform traditional asset classes over time.

Coinasity's Take

Hayes' perspective reflects growing institutional recognition that Bitcoin's value proposition extends beyond speculative trading to serve as a genuine monetary hedge. His emphasis on macroeconomic fundamentals over short-term cycles aligns with mature market analysis, suggesting Bitcoin is transitioning from a retail-driven asset to an institutional store of value. While his $250,000 target appears aggressive, the underlying thesis about continued global monetary expansion provides a rational framework for sustained cryptocurrency appreciation.