Could Bitcoin Hit $1,000,000 by 2028?

At the Token2049 cryptocurrency conference in Dubai on April 30, Arthur Hayes, the co-founder of the crypto exchange BitMEX, made a bold prediction about the future of Bitcoin (CRYPTO: BTC)."Don't worry," Hayes said, "Bitcoin is going to $1 million by 2028." He isn't the only big figure in crypto to make similar predictions, give or take a couple of years.Could Hayes be right? Let's break down the numbers here and assess how realistic it is for Bitcoin to go to $1 million in the next three years or so.Continue reading

May 2, 2025 - 11:20
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Could Bitcoin Hit $1,000,000 by 2028?

At the Token2049 cryptocurrency conference in Dubai on April 30, Arthur Hayes, the co-founder of the crypto exchange BitMEX, made a bold prediction about the future of Bitcoin (CRYPTO: BTC).

"Don't worry," Hayes said, "Bitcoin is going to $1 million by 2028." He isn't the only big figure in crypto to make similar predictions, give or take a couple of years.

Could Hayes be right? Let's break down the numbers here and assess how realistic it is for Bitcoin to go to $1 million in the next three years or so.

Continue reading