Bitcoin & Ethereum Price Forecast: Hayes Sees $250K & $10K
BitMEX co-founder Arthur Hayes has raised his Bitcoin price forecast to $250,000 and Ethereum price forecast to $10,000 by year-end. He points to record $2.1 billion weekly inflows into US ETH ETFs and a government debt-fuelled credit boom under a “wartime-style” fiscal agenda. Rising institutional demand and stablecoin liquidity are key drivers.
Tether disclosed $13.7 billion in profits invested via Tether Ventures in over 120 companies across payments, Bitcoin infrastructure, AI analytics, renewable energy and privacy tech. Tether stressed these outlays come from profits, not USDT reserves. Crypto entrepreneur Justin Sun’s $1.7 billion ETH withdrawal from Aave sparked a liquidity crunch, pushing ETH borrowing rates above 10%. More than 627,944 ETH are queued for unstaking at a record high.
PNC Bank has partnered with Coinbase to offer crypto-as-a-service, letting US customers buy, sell and hold cryptocurrencies directly through PNC’s platform. PNC will also provide banking services to Coinbase. This Bitcoin price forecast and Ethereum price forecast reflect growing institutional confidence and a maturing crypto market.
Bullish
Hayes’s elevated Bitcoin price forecast and Ethereum price forecast, backed by record ETF inflows and a government-driven credit boom, signal strong upward momentum. Tether’s $13.7 billion venture investments and PNC’s crypto-as-a-service partnership with Coinbase enhance infrastructure and institutional participation. While Justin Sun’s Aave withdrawal created short-term liquidity pressure and volatility, the overall effect bolsters market depth and long-term bullish sentiment for both BTC and ETH.