Arthur Hayes: BTC price will reach $1 million by 2028, time to go long on all assets

TechFlow news, April 30 — According to The Block, Arthur Hayes, co-founder of BitMEX, said during a keynote speech at Token2049 in Dubai that the U.S. will need to increase dollar liquidity, which could drive bitcoin's price to $1 million by 2028.

Hayes compared current market conditions with those of Q3 2022, noting that despite current concerns stemming from U.S. President Trump's push for higher tariffs, relative-value hedge funds might boost liquidity through Treasury repo operations. He suggested it's "time to go long on all assets," including cryptocurrencies and stock markets.