Arthur Hayes Predicts Bitcoin Price Will Surge to $110K Before Dropping to $76.5K

Highlights:

• Hayes predicts BBTC will hit $110,000 before dropping amid Fed policy shifts.
• Thielen sees Bitcoin recovering as the Fed eases its inflation stance and ETF inflows rise.
• Bitcoin surged to $86,866.61, with a market cap of $1.72T and volume up 78.82%.

BitMEX co-founder Arthur Hayes predicts that Bitcoin’s (BTC) price will rise above $110,000 before dropping back to $76,500. He attributes this short-term bullish trend to changes in U.S. monetary policy.

According to Hayes, the Federal Reserve (Fed) is shifting from quantitative tightening (QT) to quantitative easing (QE). QT is when the Fed reduces the money supply by selling assets like government bonds, which can slow down the economy. In contrast, QE involves buying bonds to inject more money into the financial system, increasing liquidity. Hayes believes that as the Fed adopts QE, more money will flow into markets and drive up Bitcoin’s price before it experiences a correction.

He also noted that higher import tariffs will likely have little effect on inflation. This aligns with Federal Reserve Chair Jerome Powell’s view that current inflation is only temporary. While Hayes remains optimistic about Bitcoin’s short-term prospects, he warned of uncertainties in the broader economy. He pointed out that changes in monetary policy could bring risks which makes the future less predictable.

I bet $BTC hits $110k before it retests $76.5k.

Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.

I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.

— Arthur Hayes (@CryptoHayes) March 24, 2025

Earlier this year, Hayes predicted Bitcoin price could hit $250,000 by late 2025. He believes the Fed’s policies will drive more capital into the market.

10X Research Founder Predicts BTC Price Recovery

Markus Thielen, founder of 10X Research, also predicts a possible Bitcoin price rebound. In his March 23 report, he stated that Bitcoin may have already bottomed during the recent decline and is now set for a recovery.

He believes the Fed’s soft approach to inflation could ease market worries. Trump’s willingness to adjust tariffs is another factor that might help. Together, these developments could boost investor confidence. “The Fed signaled it might look past short-term inflationary pressures, laying the groundwork for potential future easing,” he stated. 

Thielen stated that a calmer political environment and positive economic outlook have turned Bitcoin’s price indicators bullish. He highlighted key factors supporting this trend. One is the behavior of Bitcoin holders which shows that most large investors are in for the long term. Another factor is the return of inflows to U.S. spot Bitcoin ETFs. This signals reduced selling pressure from short-term traders focused on arbitrage.

Data from Farside Investors reveals that US-listed spot Bitcoin ETFs saw about $744 million in net inflows last week. BlackRock led the surge, attracting around $537 million in new investments. Moreover, companies are also increasing their Bitcoin holdings. Today, Japanese firm Metaplanet joined in, buying 150 more BTC. This brings its total holdings to 3,350 BTC, worth about $278.8 million. The company’s average purchase price is $83,224, with a 68.3% return so far this year.

Metaplanet has acquired 150 BTC for ~$12.6 million at ~$83,801 per bitcoin and has achieved BTC Yield of 68.3% YTD 2025.  As of 3/24/2025, we hold 3350 $BTC acquired for ~$278.8 million at ~$83,224 per bitcoin. pic.twitter.com/CIum6ZeR89

— Simon Gerovich (@gerovich) March 24, 2025

Bitcoin Price Movement

At the time of this report, Bitcoin price was trading at $87,864, marking a 4.06% increase in the past 24 hours. Bitcoin’s market capitalization also rose to $1.74 trillion. Meanwhile, daily trading volume jumped to $22.04 billion, reflecting a sharp 143.82% increase in just one day, according to CoinMarketCap.