Crypto expert Arthur Hayes is euphoric: A Bitcoin price of one million US dollars is now inevitable, as the FED is gearing up for a changed monetary policy. US government bonds could yield lower returns in the future and cause a momentous rush towards crypto.
Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible. For a limited time only: 10 Euro bonus when you sign up via CoinPro.ch
Bitcoin price of 1 million now inevitable? This is what Arthur Hayes says
Can the Bitcoin price ever reach a value of one million US dollars? For many years, this potential market value has been a popular topic of conversation among Bitcoiners. Most recently, crypto expert Arthur Hayes took up the topic.
“With FED Governor Miran confirmed, the mainstream media is preparing the world for the Fed’s ‘third mandate’ which is essentially yield curve control. Here we go, god damn it,” Hayes wrote yesterday on X.
You are currently seeing a placeholder content of X. To access the actual content, click on the button below. Please note that data will be passed on to third-party providers.
The entrepreneur and crypto expert refers his message to an article by the Gazette Bloomberg. This had announced yesterday that the US central bank FED would probably soon adjust its previous guidelines.
So far, the FED manages the US dollar based on two key figures: price stability and the unemployment rate – this is therefore referred to as the so-called Dual Mandate. By observing a third key figure, it could be possible to work in the sense of a Triple Mandate in the future.
As a third key figure, “long-term moderate interest rates” would be possible, Bloomberg wrote. Over many years, interest rates that the USA pays on government bonds should therefore be lower than before.
US President Trump had made it clear several times over the past few months that he would like to see a change in dollar policy. For example, he repeatedly called on FED chief Powell to lower the key interest rate quickly. However, he did not comply with the request.
By lowering the returns on government bonds, the USA can obtain cheaper capital for financing its political goals than before. This concept is being given increasing importance, as the USA is already heavily indebted, but US President Donald Trump is still planning significant expenditure.
This is how Dollar Policy Helps Bitcoin to a Million Value
According to Arthur Hayes, dollar policy is likely to help Bitcoin reach a million value in the future. The market analyst had repeatedly pointed out since the beginning of the year that the growing inflation of the largest fiat currencies on earth is leading to the further strengthening of cryptocurrencies.
The US central bank’s change of plan triggered enormous euphoria at Hayes. He unequivocally informed his readers: This policy will bring BTC a market value of one million US dollars.
“Yield curve control makes Bitcoin go to one million USD,” Hayes wrote in essence.
The 40-year-old American therefore expects that inflows into the crypto market will grow significantly. If the US government bonds, which are considered safe, pay out lower returns, interest in the cryptocurrencies, which are considered risky, could grow.
In combination with rising inflation, which is still to be expected, the Bitcoin price would rise rapidly. That’s why Hayes calls the distant price target at one million US dollars with such conviction.
Not only Hayes showed a drastic reaction to the possible changeover of the FED. Many other financial analysts also predict clear changes in the financial market should the US central bank really cut interest rates significantly.
Stephen Miran – the FED governor elected by Trump, who took up his new office yesterday – is primarily considered a supporter of the changed monetary policy. Until 2028, the management of the US central bank is the responsibility of Jerome Powell, who has not yet found a political consensus with the US president.
Buy Bitcoin now!