Jakarta, Pintu News – Former BitMEX CEO Arthur Hayes has expressed an optimistic view on Bitcoin (BTC) and the crypto market as a whole. He predicts that the price of Bitcoin could reach $500,000 by the end of 2026.
According to Hayes, this surge will be driven by global liquidity trends and the upcoming political cycle, rather than by short-term market fluctuations.
In a recent interview, Hayes dismissed concerns about a sluggish crypto market. He explained that Bitcoin’s recent 15-35% price drop is a normal part of the market cycle and reflects a temporary lull in liquidity.
This is mainly due to changes in US monetary policy, political deadlock, as well as dynamics at the Federal Reserve.
Arthur Hayes said that the US presidential election in 2026 could potentially trigger greater fund flows into the market.
Read also: Key Crypto Market Events to Watch This Week
He believes that regardless of which party wins, government spending and economic policies are likely to push up riskier assets such as crypto, stocks and property.
“The market is misreading the most important macro change of the decade,” Hayes said. “While investors are still busy looking at charts and short-term sentiment, the real key factor is the abundance of global liquidity going into risk assets.”
Hayes identified five crypto projects that he thinks will dominate the next crypto cycle, which he calls the ” Magnificent Five”: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Zcash (ZEC), and Ethena (ENA).
He predicts that Ethereum will continue to be the main public blockchain for institutional adoption, while Solana is expected to regain momentum thanks to its consumer-focused ecosystem.
Privacy-focused networks like Zcash and Ethena, according to Hayes, will grow in importance as investors look for secure and privacy-preserving solutions.
Hayes also touched on the recent market turmoil, including the Binance crash on October 10. He explained that it was not caused by manipulation, but rather by technical issues with the platform and leveraged trading.
This incident reduced market liquidity and made traders more cautious-but also opened up opportunities for those who were ready for the next market rally.
Arthur Hayes predicted that China, Japan, and Europe would launch monetary stimulus in a coordinated manner due to pressures from the housing sector, defense spending, and other economic factors.
Read also: Analysts Predict Cardano (ADA) Price Potential to Increase 2,478% in 2026, How Can It Be?
According to him, when combined with political spending in the US, this will be the main fuel for strong market growth in 2026.
“Crypto is entering a phase where surviving assets don’t just recover, they dominate,” Hayes said. “Liquidity will increase, political incentives will align, and the Magnificent Five will absorb unprecedented amounts of global capital.”
Hayes predicts that the next 12 to 18 months could be one of the most transformative periods in crypto history.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
© 2025 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). The trading of crypto asset futures contracts is carried out by PT Porto Komoditi Berjangka, a licensed and regulated Futures Broker supervised by BAPPEBTI, and a member of CFX and KKI. Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja and PT Porto Komoditi Berjangka do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.