Complete News, Your Way.
Published loading...Updated

Arthur Hayes: BTC Will Hit $1M by 2028 as U.S.-China Craft Hollow Trade Deal

  • Bitcoin surged to $96,500 after confirmation that U.S. And Chinese trade officials will meet in Switzerland this week to restart economic talks.
  • The meeting follows months of escalating tariffs since January, with the U.S. Imposing 145% tariffs on Chinese imports and China responding with 125% tariffs on U.S. Goods.
  • The U.S. Delegation, led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, will face China's Vice Premier He Lifeng to address disrupted commerce and trade disputes.
  • Bessent mentioned that multiple proposals from key partners are being reviewed and anticipates an important announcement soon, which has contributed to the rise in digital asset prices such as XRP, Cardano, and Dogecoin.
  • Analyst Arthur Hayes predicts Bitcoin could reach $1 million by 2028 due to increased liquidity and policy shifts, while the trade talks suggest possible tariff easing and renewed investor confidence.
Insights by Ground AI
Does this summary seem wrong?

11 Articles

All
Left
Center
1
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

TokenPost broke the news in on Tuesday, May 6, 2025.
Sources are mostly out of (0)