BitMEX Co-founder Arthur Hayes Projects $1 Million Valuation for Bitcoin

• BitMEX co-founder Arthur Hayes has predicted that Bitcoin will reach $1 million.
• The crypto veteran believes that the Treasury Department’s policies will pump BTC.
• Hayes previously stated that the million-dollar valuation could take 2-3 years.

American entrepreneur Arthur Hayes has projected a million-dollar valuation for Bitcoin. The crypto veteran, who co-founded crypto exchange BitMEX, believes that the United States Treasury Department’s recent policies will pump the price of the flagship cryptocurrency as investors seek a safe haven amid financial repression.

Yellen starts off very slowly on the road to Yield Curve Control. Welcome to the start of financial repression.

You can either be a sucker or a saint as far as your capital is concerned.

Treat your capital well and it will treat you well. $BTC = $1mm pic.twitter.com/WMQ0HHAOW1

— Arthur Hayes (@CryptoHayes) March 24, 2023

Hayes took to Twitter earlier today to share an announcement by the U.S. Department of Treasury. The announcement was regarding a small-value debt buyback transaction, wherein the department was buying back up to $25 million worth of bonds. “Yellen starts off very slowly o…

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