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Bitcoin set to surge past $90,000 and retake $126,000 record amid AI-driven credit expansion, says Arthur Hayes.

Market News
12 May 2026
Blockonomi
View Source
Bullish
Bitcoin set to surge past $90,000 and retake $126,000 record amid AI-driven credit expansion, says Arthur Hayes.

Arthur Hayes predicts a resumed crypto bull market with Bitcoin climbing above $90,000 and eventually reaching its all-time high of $126,000. He attributes this potential surge to forced buying by call option writers and macroeconomic factors, including credit expansion driven by artificial intelligence investments. Hayes also highlights easing financial conditions by the Federal Reserve and Chinese banks shifting funds towards technology. His fund holds significant altcoin positions, and while he warns of risks from large AI IPOs or political shifts, he remains bullish on crypto's near-term outlook.

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Bitcoin ETFs see $462M outflows amid price dip; Ethereum ETFs gain $216M inflows in contrast.

Bitcoin ETFs see $462M outflows amid price dip; Ethereum ETFs gain $216M inflows in contrast.

After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ET...

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Hyperliquid's market cap could soar to $200 trillion in a decade, says Bitwise CIO Matt Hougan.

Hyperliquid's market cap could soar to $200 trillion in a decade, says Bitwise CIO Matt Hougan.

Bitwise CIO Matt Hougan predicts Hyperliquid's market cap could reach $200 trillion within the next decade, driven by strong investor demand and institutional adoption. The cryptocurrency has already doubled its price this year, rising 205% from $39....

Market News
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Hyperliquid burns tokens as TVL nears $7B; HYPE must hold $78.50 to avoid bearish trend.

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Hyperliquid recently burned about 32.77K HYPE tokens worth $2.65 million, reducing the total supply by 4.86%. The protocol's total value locked (TVL) has risen to nearly $7 billion, supporting ongoing token burns funded by platform fees. On the price...

Protocol Fundamentals
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Multicoin Capital names Hyperliquid a top holding amid strong liquidity and developer growth.

Multicoin Capital names Hyperliquid a top holding amid strong liquidity and developer growth.

Investment firm Multicoin Capital has identified Hyperliquid as one of its largest holdings following a detailed reassessment of the protocol. This decision reflects confidence in Hyperliquid's growth, driven by increased liquidity and developer acti...

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Zcash leads crypto surge; BNB and Hyperliquid hold bullish, Shiba Inu attempts recovery

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Zcash (ZEC) shows a strong rebound, trading near $1,187 after a rapid rise from $500 in mid-August, signaling robust growth potential. Binance Coin (BNB) maintains a bullish trend above $700, aiming to retest $770–$780 resistance after a recent corre...

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