Arthur Hayes, co-founder of BitMEX and a well-known crypto market figure, has reignited discussions with his bold prediction that Bitcoin will hit $250,000 by the end of 2025. And that’s just a pit stop on the way to $1 million per BTC. What exactly did Hayes say — and why are so many investors paying attention?
📅 The Timeline: $250K by Late 2025, $1M Before Trump’s Term Ends
During a private discussion at Token2049 in Dubai, Hayes laid out his BTC price trajectory. In the short term, he believes Bitcoin could surpass $200,000 during this ongoing bull cycle, and reach $250,000 by the end of 2025.
“I think Bitcoin could hit $200K in this next move up. And by year-end, $250K is a realistic target,” Hayes stated.
But that’s not the ceiling. He maintains a long-term forecast of $1 million per BTC, which he says could happen before Donald Trump’s presidential term ends — by late 2028.

🧠 Altcoins, Gold, and Why Bitcoin Still Has Room to Run
Hayes’ forecast isn’t just wishful thinking. He cites growing Bitcoin dominance, geopolitical instability, and the fact that the U.S. government is quietly spending more than it admits, increasing overall liquidity.
He also believes a break above $110,000 will mark the beginning of altcoin season — although this time, not all tokens will pump. Only the strongest projects, in his view, are likely to surge.
“Old dinosaur coins sitting idle probably won’t explode out of nowhere.”
Interestingly, Hayes also revealed that 20% of his portfolio is allocated to gold, predicting that it could reach $10,000 to $20,000 per ounce as central banks continue to accumulate it as a hedge.
Trump and Crypto: What to Expect
Hayes is confident that Trump’s return to the White House will benefit the crypto space, although he admits that no concrete steps have been taken yet. Still, he sees investor sentiment remaining bullish, with plenty of room for growth ahead.
“We need patience. Not much is happening right now, but the changes will come.”
🔮 Summary: Bitcoin Eyes Higher Highs — and Hayes Isn’t Alone
Whether or not his forecast becomes reality, the idea of $250K BTC by the end of 2025 is a dream for many. But with the right combination of macroeconomic forces, political stability, and sustained demand, this scenario might be less far-fetched than it sounds.
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