Arthur Hayes Predicts $250,000 Bitcoin As Fed Caves To QE Pressure

In a new essay published on March 31, former BitMEX CEO Arthur Hayes lays out a case for a $250,000 Bitcoin price target by year-end, grounded in his belief that the US Federal Reserve has effectively capitulated to fiscal dominance and resumed de facto quantitative easing (QE) for US Treasury markets. The essay, laced with vivid satire and underpinned by rigorous macroeconomic analysis, argues that the Fed’s recent shift in policy signals a structural return to fiat liquidity expansion—an environment historically beneficial to Bitcoin and other hard assets. “Powell proved last week that fiscal dominance is alive and well,” Hayes wrote. “Therefore, I am confident QT, at least regarding treasuries, will stop in the short to medium term… Bitcoin will scream higher once this is formally announced source: https://www.newsbtc.com/news/bitcoin/arthur-hayes-250000-bitcoin-fed-caves-qe-pressure/