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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
pluang ai news

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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