Arthur Hayes Predicts Bitcoin to Hit $250,000 by 2026

Arthur Hayes, the founder of Maelstrom family office, recently shared his insights on the cryptocurrency market during an interview on the Bankless YouTube channel. Hayes revealed that his portfolio is heavily weighted towards leading cryptocurrencies, with approximately 60% allocated to Bitcoin and 20% to Ethereum. The remaining investments are spread across a variety of altcoins and tokens, with non-crypto assets limited to physical gold, gold mining equities, and government bonds.

Hayes made a bold prediction that Bitcoin could surge to between $150,000 and $200,000 by the end of summer, followed by a likely correction. He also projected a long-term peak for Bitcoin at $250,000 by 2026. For Ethereum, Hayes forecasted that reaching $5,000 by the end of the year would indicate a bullish trend, potentially driving market sentiment and setting the stage for future targets of $10,000 to $20,000.

Hayes also discussed the inevitability of an altcoin season, noting that not all projects will benefit from this trend. He advised against investing in overvalued assets with high fully diluted valuations and low circulating supply, as their growth potential is uncertain. Hayes expects a continuous evolution of market narratives, leading to new trends in decentralized exchanges (DEX).