Bitcoin's Big Move: What's Driving the Price to $200, 000?

Bitcoin's price is taking a breather under $90, 000, but some experts see a big jump coming. Arthur Hayes, a big name in crypto, thinks Bitcoin could hit $200, 000 by 2026. He believes the Federal Reserve's new money moves are fueling this potential rise. The Fed has a new program called Reserve Management Purchases (RMP). Hayes says it's just a fancy name for old-school money printing. The Fed buys short-term Treasury bills, and this cash flows back into the market. The result? More money in the system, which could boost Bitcoin's price.Hayes isn't worried about the details. He sees the Fed's actions as a sign of ongoing money creation. In this environment, assets like Bitcoin and gold could shine. He thinks the old four-year Bitcoin cycle is over, replaced by a never-ending cycle of debt and money printing. But don't expect an instant surge. Hayes thinks Bitcoin will trade between $80, 000 and $100, 000 early in 2026. Once the market realizes the Fed's actions are here to stay, Bitcoin could break out. Hayes predicts it will first hit $124, 000, then surge to $200, 000. The big question is whether other central banks will follow the Fed's lead. If they do, even more money could flow into Bitcoin. Hayes believes this could be a game-changer for the crypto market.