Arthur Hayes: War Spending to Drive Bitcoin to $125K by Year-EndAt Bitcoin Vegas 2026, BitMEX co-founder Arthur Hayes predicted BTC will reach $125,000 by year-end, driven by massive liquidity from wartime defense spending and U.S. banking deregulation.Hayes noted the market narrative has shifted from AI-driven "credit deflation" to wartime inflation. Furthermore, he estimated that the recent Enhanced Supplemental Leverage Ratio (ESLR) adjustment could unlock $1.3 trillion in new loans, potentially generati ...