Among the latest to contribute to these discussions is BitMEX co-founder Arthur Hayes, who says that Bitcoin investors need to rein in their expectations in terms of price movements. According to the prominent crypto figure, the premier cryptocurrency is still one of the best-performing assets in the global market.
Hayes said in the interview:
If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not the right way to think about things. I’m sorry that you bought Bitcoin six months ago, but anyone who bought it two, three, five, or 10 years ago, they’re laughing.
When questioned by Chasse as to when the flagship cryptocurrency will start attracting more capital from the global M2 money supply, Hayes responded that the premise of such a question is flawed. The former BitMEX CEO argued that BTC is the best performing asset in terms of currency debasement.
Hayes added:
Deflate the housing market by gold again and not anywhere close to where it was. Big US tech is probably one of the only things that has done well, deflated by gold. If you deflate things by Bitcoin, you can’t even see it on the chart; it is just so ridiculous about how well Bitcoin has performed.
The price of BTC is up by about 25% so far in 2025, with about 3 – 4 months still to go. Meanwhile, the flagship cryptocurrency has increased in value by more than 90% over the last year.
As of this writing, the price of BTC sits just beneath the $116,000 level, reflecting no significant change in the past 24 hours.
