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Arthur Hayes: Bitcoin will be worth $ 1 million by 2028

3:07 pm, May 16, 2025

Arthur Hayes, co-founder of the BitMEX cryptocurrency exchange , predicts that by 2028 the value of bitcoin BTC $103,860.94 Bitcoin 1.47% Market capitalization $2.06 trillion VOL. 24 hours $2.02 billion could reach USD 1 million. This forecast is based on the expected global macroeconomic changes, including the repatriation of foreign capital and the devaluation of US government bonds.

Hayes believes that the decline in confidence in traditional financial instruments such as US bonds will force investors to look for alternative assets. Bitcoin, according to him, will be the main beneficiary of this trend, as it is a decentralized asset with a limited supply.

In addition, Hayes warns about the possible introduction of capital controls in the United States, which could lead to a flight of investors from traditional assets to bitcoin. He also notes that political changes, in particular the results of the 2028 US presidential election, could accelerate or slow down this process.

The analyst emphasizes that bitcoin is already showing growth amid institutional interest and concerns about the stability of fiat currencies. He believes that these factors will further strengthen bitcoin’s position as a store of value.

Although the BitMEX CEO’s forecast is ambitious, it reflects the growing trend among investors to view cryptocurrencies as a hedge against economic instability and inflation. However, experts warn that the path to such prices may be unstable and accompanied by significant market fluctuations.

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BTC

$103,860.94

1.47%

ETH

$2,592.00

2.37%

BNB

$650.97

0.18%

XRP

$2.42

-0.89%

SOL

$173.25

1.04%

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