Bitcoin set to hit $126,000 as AI spending and US-Iran war fuel massive money printing, says Arthur Hayes.

Arthur Hayes, co-founder of BitMex, predicts Bitcoin will reach $126,000, driven by trillions in AI investment and wartime money printing amid the US-Iran conflict. He argues that increased fiat currency supply and geopolitical instability will boost Bitcoin's appeal as nations move away from dollar dependence. Hayes expects Bitcoin's rally to accelerate after surpassing $90,000, with strong market momentum already visible since its $60,000 bottom earlier this year. This outlook highlights Bitcoin's potential as a hedge against inflation and geopolitical risks.