Arthur Hayes links Bitcoin’s increase to worldwide monetary strategies rather than regulatory measures.

Former BitMEX CEO Arthur Hayes credited Bitcoin’s (BTC) ascent as the “best-performing asset in human history” to worldwide monetary policies, especially money creation, rather than regulatory shifts.

Hayes shared his perspectives during a Sept. 30 appearance on The Big Whale, where he elaborated on how inflationary fiscal strategies have significantly contributed to Bitcoin’s achievements.

Despite the recent fluctuations in the market, Hayes holds a positive view on Bitcoin, expecting long-term price increases driven by economic instability and political unrest globally.

Monetary expansion leads to growth

Hayes forecasted that US interest rates would fall below 2% by early 2025, influenced by political unrest and ongoing discussions regarding the debt ceiling. He indicated that persistent monetary expansion would direct more capital into cryptocurrencies.

Hayes emphasized the cascading effects of economic instability, stating:

“As we print more money to solve problems of particular countries, at some point, people come to blows.”

Hayes maintained an optimistic perspective, predicting ongoing growth for Bitcoin and Ethereum despite recent market upheaval. He also referenced forecasts that estimate Bitcoin’s long-term price at $586,500.

He reiterated his belief that as central banks expand the money supply to tackle economic issues, increased investment flows into Bitcoin as a safeguard against inflation and currency depreciation.

Hayes suggests that additional monetary expansion, prompted by political and economic instability, will further elevate Bitcoin’s value. In his opinion, global monetary policy has a more substantial impact on Bitcoin’s success than regulatory changes.

Cautious but optimistic outlook

While Hayes continued to support Bitcoin and Ethereum, he advised younger investors to be cautious with leverage trading and recommended that they closely monitor their positions to prevent liquidation during high volatility periods.

Alongside his optimism for Bitcoin and Ethereum, Hayes showed interest in blockchain initiatives centered on artificial intelligence (AI). He noted that these advancements could catalyze the next stage of blockchain development, identifying them as sectors to observe in the changing market.

Hayes also mentioned that he anticipates the current bull market to persist through 2026 or 2027, provided there are no significant geopolitical disruptions. However, he expressed doubt about regulatory clarity encouraging institutional investment, suggesting that financial institutions will likely find ways to navigate regulations if demand exists.

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