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.
11 Articles
11 Articles
Arthur Hayes: BTC Will Hit $1M by 2028 as U.S.-China Craft Hollow Trade Deal
Arthur Hayes has a message for crypto investors and bitcoin (BTC) HODLers obsessing over Federal Reserve policy as the U.S. and China inch toward a trade deal: You're watching the wrong institution.“The real show is at the Treasury Department. Ignore the Fed. It doesn’t matter,” Hayes told CoinDesk in a recent interview. “Powell didn’t matter in 2022 under a Democratic regime, and he doesn’t matter now under a Republican one.”For Hayes, the Fede…
Bitcoin (BTC) Price: Climbs to $96,500 as US-China Trade Talks Resume
TLDR Bitcoin price climbed to $96,500 following confirmation of US-China trade talks Bitcoin rose $1,700 within 10 minutes of the announcement XRP, Cardano, and Dogecoin also posted gains following the news First direct engagement between both governments since Trump returned to office India and Malaysia have submitted proposals to ease tensions with Washington Bitcoin price has jumped to $96,500 after China confirmed it will restart trade talk…
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