Arthur Hayes: Bitcoin will reach $1 million by 2028, US Treasury Department says global liquidity critical
According to Foresight News, Arthur Hayes, co-founder of BitMEX, stated in a recent interview with CoinDesk that Bitcoin will reach $1 million by 2028. He believes that the Federal Reserve has become a supporting role, and the real monetary leverage takes place under the leadership of the Treasury Secretary Scott Besant, which affects global liquidity. In order to manage the ballooning debt burden of the United States, the United States will introduce more measures, such as taxes on foreign investment and other capital control measures. The implementation of these policies will lead to more dollars circulating in the system, thereby driving up the value of Bitcoin. Arthur Hayes' investment portfolio reflects this view, with 60% to 65% invested in Bitcoin, 20% invested in Ethereum, and the rest invested in what he calls' high-quality junk coins'.