Arthur Hayes, co-founder of BitMEX, predicts a surge in Bitcoin’s value driven by recent global economic trends. He points to the U.S. Treasury bond sales and China’s currency devaluation as key factors that could propel Bitcoin upwards. His reasoning is based on the historical correlation between government action on money supply and crypto market growth. This aligns with Bitcoin’s recent surge past $83,000, attracting attention from investors seeking alternative assets during uncertain economic times. 5% in a week shows potential for further gains, as Hayes suggests that this trend may even impact the overall trajectory of the cryptocurrency market. Hayes believes increased capital flight from China and the yuan’s depreciation present unique opportunities for Bitcoin to act as a safe haven asset.