Bitcoin and Ethereum price predictions by Arthur Hayes remain unchanged, with targets set at $250,000 and $10,000 respectively, as fiat liquidity increases.
Arthur Hayes, the co-founder of BitMEX and a well-known crypto commentator, has recently shared his bold forecasts for the prices of Bitcoin and Ethereum by the end of 2025 and in 2024.
Bitcoin Price Predictions
According to Hayes, Bitcoin could surge to an astounding $250,000 by the end of 2025. He emphasizes that Bitcoin's role as a leveraged hedge against fiat currency debasement and global credit expansion will drive its price trajectory [1][2]. Furthermore, in April 2024 during the TOKEN2049 Dubai event, Hayes suggested that Bitcoin could reach $1 million by 2028, attributing this to its fixed supply and increasing adoption by nation-states [2].
Hayes' predictions are based on his analysis of ongoing fiat supply expansion and capital inflows into the crypto markets. He notes that since 2020, as global credit doubled, Bitcoin's price rose about 15 times, indicating a strong correlation [1].
Ethereum Price Predictions
Hayes has significantly raised his forecast for Ethereum, now projecting that ETH could hit $10,000 by the end of 2025 [1][2][3]. This is a notable increase from his May 2024 prediction of $5,000 for 2025 [2].
As of late July 2025, Ethereum trades around $3,644, having recently reclaimed its 2025 high after a pullback from earlier peaks [3]. Hayes expects a dramatic bull run for Ethereum in the coming months, driven by institutional inflows, DeFi growth, real-world asset (RWA) adoption, and the launch of U.S. spot Ethereum ETFs [3].
Hayes points to Western institutional interest—bolstered by figures like Fundstrat’s Tom Lee—and record-breaking inflows into Ethereum ETFs as early indicators of a breakout [3][4]. He also highlights Ethereum’s foundational role in DeFi and the increasing adoption of tokenized RWAs as underappreciated growth drivers [3][4].
Comparative Analysis
| Asset | 2025 Price Target | Key Drivers | Additional Notes | |------------|-------------------|---------------------------------------------|----------------------------------------| | Bitcoin | $250,000 | Fiat debasement, global credit expansion | $1 million by 2028 possible [2] | | Ethereum | $10,000 | DeFi, RWA, institutional ETF inflows | Underappreciated, poised for breakout [1][3] |
Summary
Arthur Hayes' latest predictions are among the most bullish in the crypto space for 2025. He forecasts Bitcoin at $250,000 and Ethereum at $10,000 by year-end, driven by macroeconomic trends, institutional adoption, and the deepening integration of crypto into global finance [1][2][3]. Hayes positions Ethereum as the “most underloved” major crypto asset, primed for explosive gains as institutional and retail interest converge [1][3].
Hayes argues that global conflicts and tariffs may have little impact on the crypto market due to economic ties between nations limiting drastic policy shifts. He likens Bitcoin's role to that of gold during monetary crises, and investors are turning to Bitcoin due to its fixed supply and historical price performance as a hedge against inflation. On the other hand, Ethereum is expected to rise due to technical improvements and increasing usage in the field of decentralized finance.
At press time, Bitcoin is trading at $118,713, showing a 1.16% increase in the past day. ETH is trading at $3,715, showing a 0.93% increase in the past day. The passage of the GENIUS Act will facilitate the flow of capital to the crypto market, and the recent Pectra upgrade introduced wallet smart-contract features and validator limit changes to Ethereum, reinforcing Ethereum's network in decentralized applications.
Ethereum is gaining popularity in the fields of NFTs, DeFi, and tokenized assets, while the post-merge upgrades of Ethereum have improved its energy consumption and transaction performance. Both Bitcoin and Ethereum continue to be popular assets for investors seeking protection from inflation. Hayes highlights the dependency between China and the U.S. in areas like rare earth minerals, which reduces the likelihood of disruptive trade measures. Stablecoin issuers are purchasing U.S. Treasury bills using assets under custody.
- Arthur Hayes, a prominent crypto commentator and co-founder of BitMEX, believes that investing in cryptocurrency, particularly Bitcoin and Ethereum, could yield significant returns in the coming years.
- In addition to capital inflows into the crypto markets, the role of Bitcoin as a leveraged hedge against fiat currency debasement and global credit expansion is expected to drive its price trajectory.
- Ethereum is projected to experience a dramatic bull run in the coming months, with increasing adoption by institutional investors, growth in DeFi, real-world asset adoption, and the launch of U.S. spot Ethereum ETFs being primary drivers.
