Arthur Hayes' altcoin bull scenario: could extend to 2026

Arthur Hayes, the founder of BitMEX and a multi-millionaire trader, made significant assessments in a YouTube interview with Kyle Chassé regarding the upcoming interest rate decision, the global economic outlook, and cryptocurrencies.

Starting with the interest rate decision to be announced by the Fed on Wednesday, Hayes stated that he expects a 50 basis point cut. Hayes said, "Trump and Bessent want more. That’s why they are putting pressure on Fed members. Every president in U.S. history gets the monetary policy he wants."

Hayes, expressing that they need to print money to finance Trump and Bessent's policies, stated, "The Fed will lower interest rates. Even if it does not go for direct expansion, money will be printed through various channels. Credit will flow into the system through methods such as the housing market, banks' credit expansion, and the state fund agreements Trump made with other countries, and some sectors will be more affected."

In this case, according to Hayes, Bitcoin, which "does not care where the money is going," will rise as the supply of dollars, euros, and yen increases.

"We may see a rally extending to 2026"

When asked whether he would sell if Bitcoin reached a level of around 175 thousand dollars, Hayes replied, "I make my decisions based on expectations of how much money will be printed in the future, not on price. Trump hasn't even started yet. By the middle of 2026, the pieces that will boost the economy will be completed. If the expectation of money printing in the market rises to unreasonable levels, I will reduce risk."

Hayes stated that global disruptions could amplify money printing, and in situations such as a shock like the euro crisis, a transition from a unipolar to a multipolar world order, or deflation risks stemming from artificial intelligence or robotic technologies, many countries could simultaneously engage in money printing.

Hayes, who stated that levels of 150, 175, even 200 thousand dollars are very possible for Bitcoin, commented, "We could see a rally in the cryptocurrency market extending to 2026. We don't know when 'Armageddon' will come, but we are not at that point yet."

"The US could create trillions of dollars in demand for stablecoins"

Hayes suggests that the U.S. could use stablecoins like USDT and USDC to create a new buyer base on a global scale that would sell bonds to finance its increasing debt, thus expecting a large influx of money into crypto. He claims that the U.S. could popularize dollar payments through super apps like Whatsapp or X, potentially creating trillions of dollars in demand for stablecoins. In a report presented to the Treasury Department, he added that the estimated influx of money into stablecoins is around 2 trillion dollars.

Published: September 13, 2025 21:27