Arthur Hayes Predicts Bitcoin Could Surpass $1 Million If AI Bubble Bursts Around 2028

BitcoinWorld Arthur Hayes Predicts Bitcoin Could Surpass $1 Million If AI Bubble Bursts Around 2028 BitMEX co-founder Arthur Hayes has projected that Bitcoin could rally past the $1 million mark if an AI-driven bubble bursts around 2028.

In a recent commentary, Hayes argued that the current AI boom is essentially a real estate and credit bubble, with data center construction functioning as a massive real estate development play.

He suggested that a potential AI bubble burst between 2026 and 2028 could trigger a credit collapse reminiscent of the 2008 financial crisis.

Hayes’ AI Bubble Thesis Hayes contends that the AI sector’s rapid expansion, particularly the construction of data centers and power grids, has been fueled by cheap credit and speculative investment.