Bitcoin’s Bullish Surge: Arthur Hayes Predicts $250K Amid U.S. Debt Boom

BitMEX co-founder Arthur Hayes has made a bold prediction that Bitcoin could skyrocket to $250,000 by the end of 2025 and reach $1 million by 2028, driven by the U.S. government's escalating debt issuance. In a recent interview with Fortune, Hayes explained how the surge in Treasury debt could flood the economy with liquidity, creating favorable conditions for risk assets like Bitcoin. He identified April 9th as a market bottom, signaling a potential upward trajectory for the cryptocurrency. This analysis underscores the growing intersection of macroeconomic trends and digital asset valuations, positioning Bitcoin as a hedge against fiscal instability.

U.S. Debt Surge Could Propel Bitcoin to $250K, Says Arthur Hayes

BitMEX co-founder Arthur Hayes posits that the U.S. government's escalating borrowing needs may inadvertently fuel Bitcoin's rise to $250,000 by year-end and $1 million by 2028. In an interview with Fortune, Hayes highlighted how increased Treasury debt issuance could flood the economy with liquidity, creating tailwinds for risk assets like Bitcoin.

Hayes pinpointed April 9th as a market bottom, asserting that the trajectory is now decisively upward. "The mechanisms to absorb growing debt will require more dollar liquidity," he said, framing bitcoin as a primary beneficiary of this monetary expansion.

Bitcoin Breaks Records with All-Time High Daily Close

Bitcoin surged to a historic daily close at $106,830, eclipsing previous records as institutional demand for spot ETFs and global bond market uncertainties drive momentum. The $110,000 level now looms as a critical resistance point.

Institutional inflows into US-based spot ETFs are exacerbating price discrepancies on platforms like Coinbase, signaling a structural shift in market participation. Meanwhile, the options market hints at potential volatility ahead, with traders positioning for Bitcoin's next major move.

Bitcoin Nears All-Time High Amid Bullish Momentum

Bitcoin edges closer to its record peak, trading just 1.5-2% below the January 2025 high of $109,114.88. The cryptocurrency briefly touched $108,000 on major exchanges, fueled by sustained institutional demand.

U.S. spot Bitcoin ETFs recorded $2.8 billion in net inflows during the first half of May, signaling strong institutional participation. Trading volume dipped slightly, but price action suggests accumulation continues ahead of potential price discovery.

DigiAsia Corp's Bitcoin Treasury Plan Sparks 90% Stock Surge

Jakarta-based fintech firm DigiAsia Corp (FAAS) saw its Nasdaq-listed shares nearly double after unveiling ambitious Bitcoin treasury plans. The company's board approved a $100 million fundraising initiative to establish a Bitcoin reserve, committing up to 50% of net profits to BTC acquisitions.

The announcement sent FAAS stock soaring 90% to $0.36, mirroring the market enthusiasm seen when Strategy (formerly MicroStrategy) pioneered corporate Bitcoin holdings. DigiAsia plans to explore yield-generation strategies through Bitcoin lending and staking, signaling a strategic shift toward cryptocurrency as a Core treasury asset.

Jim Cramer Advocates Bitcoin and Gold as Safe Havens Amid U.S. Debt Concerns

CNBC's Jim Cramer has positioned Bitcoin and Gold as strategic hedges following Moody's downgrade of U.S. debt. The 'Mad Money' host dismissed panic, noting historical market resilience post-downgrades. With national debt at $36 trillion, Bitcoin's stability above $105,000 underscores its growing role as digital gold.

Cramer's commentary cuts through market noise, framing the dip as an opportunity rather than a crisis. The muted response from major indices suggests institutional investors share this tempered view. His critique of doomsayers—as either uninformed or strategically bearish—reflects Wall Street's evolving perspective on crypto assets.

Texas Advances Landmark Bitcoin Reserve Legislation

Texas stands on the verge of institutional cryptocurrency adoption as its Senate-approved Strategic Bitcoin Reserve Act clears a critical legislative hurdle. The bill, now awaiting Governor Greg Abbott's signature, WOULD establish a legal framework for the state treasury to hold Bitcoin—potentially triggering a wave of similar moves by other US states.

The proposed legislation signals growing institutional acceptance of digital assets at the government level. While specific allocation amounts remain undisclosed, Texas' MOVE could pressure other states to accelerate their own crypto strategies amid intensifying competition for blockchain industry dominance.