Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

2025.03.24 10:48:17

On March 24th, Arthur Hayes, the co-founder of BitMEX, posted and stated, "I am confident that Bitcoin will reach a level above $110,000 before it retests $76,500." The reason for this is that the Federal Reserve is shifting from a tightening monetary policy (QT) to quantitative easing (QE), with a focus on government bonds. And tariffs are not significant because of "transitory inflation," as Powell stated.

Add to Favorites Download image Share x Copy link

Relevant content

Intel Scales New Heights with 15% Surge in Stock Price

On May 9, Intel (INTC.O) extended its gains to 15% per Bitget market data, hitting a new all-time high.

23 minutes ago

The probability of the Fed keeping interest rates unchanged in June is currently reported at 94.1%.

As of May 9, CME FedWatch data shows a 5.9% probability the Federal Reserve will cut interest rates by 25 basis points at its June meeting, with a 94.1% likelihood of no rate change.

23 minutes ago

Source: Apple and Intel Reach Agreement, with Intel to Manufacture Chips for Apple Devices

Per ONEMillion AI Monitor, The Wall Street Journal reported that sources say Apple (AAPL.O) has struck a deal with Intel (INTC.O) to produce chips for Apple devices.

23 minutes ago

Current mainstream CEX and DEX funding rates indicate that the market is still generally bearish

On May 9, Coinglass data shows Bitcoin dropped below the $80k mark, with current funding rates across major centralized (CEX) and decentralized (DEX) exchanges reflecting bearish market sentiment. Specific funding rates are displayed in the attached chart. ### BlockBeats Note A funding rate is a fee set by crypto exchanges to keep contract prices aligned with underlying asset values, typically applicable to perpetual contracts. It’s a funding exchange mechanism between long and short traders—**the trading platform does not charge this fee**. It adjusts the costs or profits of contract holders to ensure contract prices stay close to underlying asset prices. ### Key Funding Rate Context - A 0.01% rate marks the baseline. - Rates above 0.01% signal a broadly bullish market. - Rates below 0.005% point to a broadly bearish market.

23 minutes ago

S&P 500 Index Continues to Hit New All-Time High

On May 9, Bitget market data indicates the S&P 500 Index reached a new high of 7,400 points, with an intraday gain of 0.84%.

23 minutes ago

In the past 24 hours, there has been a total of $188 million in liquidations across the entire network, with both longs and shorts getting squeezed.

Per Coinglass data, total crypto liquidations hit $188 million in the 24 hours through May 9, with long positions accounting for $117 million and short positions totaling $70.9 million. ### Notes on American English adaptation: 1. **Conciseness**: Used "hit" (common in market updates for urgency) instead of "reached"; omitted redundant "the total value of positions" (liquidations inherently refer to value). 2. **Clarity**: Added "crypto" to specify the market (standard in U.S. financial/blockchain news); used "through May 9" (natural for "past 24 hours ending on May 9"). 3. **Flow**: Avoided repeated "totaling" by switching to "accounting for" for long positions (variety without losing meaning). 4. **Casual precision**: Kept numbers consistent (no unnecessary decimals for shorts, matching U.S. news brevity). If you prefer ultra-brief (typical for crypto news alerts): *Per Coinglass, total crypto liquidations hit $188M in 24h through May 9: $117M longs, $70.9M shorts.*

23 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!