ARTICLE AD BOX
The market may have cooled for now, but the bull rally is far from over.
Bitcoin billionaire and BitMEX co-founder Arthur Hayes has highlighted multiple catalysts that could supercharge the next BTC bull run to fresh all-time highs.
3 Signs That Suggest BTC Has Room For Further Upside
Arthur Hayes took to X on Thursday to outline catalysts that he expects to drive Bitcoin prices higher in the coming months.
For starters, the Bitcoin OG pointed to the United States’ monetary policy. Hayes noted that the Supplementary Leverage Ratio (SLR) exemption for banks is currently “progressing.”
The so-called SLR exemption is a monetary policy tool that lets banks hold more U.S. Treasury securities without raising their supplementary leverage ratio, a move that raises their liquidity.
On top of that, Hayes pointed to the US legislation, including the passage of the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act, a bill designed to set up guardrails around the approval and supervision of U.S. stablecoin issuers.
According to the former BitMEX CEO, the GENIUS Act “hands US stablecoin market to banks.”
Finally, Hayes claimed that the geopolitical tensions in the Middle East are a boon for safe haven assets like Bitcoin, amid a fragile President Donald Trump-brokered ceasefire pact between Israel and Iran.
“BTC all-time highs are coming.”
Earlier this month, Hayes predicted that Bitcoin would more than double within the next six months, rocketing to the $250,000 mark. The rocket surge will be buoyed by the U.S. Federal Reserve accelerating money printing to manage a ballooning national debt load.
Billionaire investor Tim Draper made a similar call earlier this month, highlighting regulatory tailwinds for the flagship crypto under the Trump-Vance regime. But for Draper, Bitcoin’s journey to $250,000 this year will be bolstered by a bevy of companies making BTC their treasury reserve asset.