Arthur Hayes is bullish on crypto and shared his timeline on the next “mega upcycle”

The former BitMEX CEO expects the recession to be the level of the Great Depression of 1930s.

In an interview with New York Magazine, Arthur Hayes spilled some beans on his future outlook for the crypto market and global economy. According to him, every central bank will be fixing the price of government bonds within the next 12 to 18 months.

This will trigger the mega upcycle for high-risk assets like cryptocurrencies which according to his predictions will end in early 2026. This will be followed by an economic collapse to the level of the Great Depression of 1930s.

He further stated that the upcoming bull run will probably be the best time to book profits before the global downturn takes over the market.

Hayes made a fortune after launching BitMEX crypto exchange which was also one the leading top derivative exchanges by volume back in 2020.

In May 2022, he pleads guilty to violating the U.S. Bank Secrecy Act and paid $10 million fine, subjecting him to 6 months of house arrest in his Miami apartment. However, he’s never been accused of stealing or operating a scam business like Sam-Bankman Fried.

Hayes has resigned as the CEO of the company but retained a board member position.

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