Arthur Hayes Predicts $125K $BTC by EOY Cites War Spending & Banking Deregulation

Speaking at Bitcoin Vegas 2026, BitMEX co-founder Arthur Hayes forecasts $BTC hitting $125,000 by year-end, fueled by wartime government spending and U.S. bank leverage rule changes.

Hayes argues the crypto market narrative has shifted from AI-led "credit deflation" to wartime inflation. He also estimates the recent ESLR adjustment could unlock $1.3 trillion in new lending, potentially creating up to 4$ trilllion total credit to supercharge markets.

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