Arthur Hayes Cites 'Money Printing' As Key Factor For Bitcoin Becoming The 'Best Performing Asset' In History

Former BitMEX CEO Arthur Hayes sees the current crypto market in a bullish phase, driven primarily by global monetary policy rather than regulatory developments.

What Happened: In a recent interview, Hayes emphasized that money printing, not regulation, has been the key factor behind Bitcoin's BTC/USD rise as "the best performing asset in human history."

Hayes expects interest rates to fall below 2% by early 2025, citing potential election turmoil in the U.S. and a manufactured debt ceiling crises. He believes this will fuel further crypto gains, "As we print more money to solve problems of particular countries, at some point people come to blows."

Price Action: In the past 24 hours, BTC is trading 1.1% down at $62,980.

Also Read: Bitcoin’s Long-Term Price Prediction Is $586,500, Says Bullish Trader

Why It Matters: Hayes remains sceptical about regulatory clarity boosting institutional crypto adoption, arguing banks will find ways around rules if client demand exists. He advised young crypto investors to focus on getting the best entry price and using leverage responsibly.

"If you're using leverage, you better be watching that position 24/7 until you’ve closed it out," Hayes cautioned. "I don't want people to get liquidated."

Looking ahead, Hayes sees the current bull market potentially extending to 2026-2027, barring major geopolitical conflicts. He remains bullish on Bitcoin and Ethereum ETH/USD maintaining their dominant positions, while also highlighting interest in emerging AI-focused blockchain projects.

What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

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• Bitcoin Up 8% In September: What Traders And Analysts Expect For ‘Best-Performing’ Q4

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