Arthur Hayes Calls for $1M Bitcoin as New Japan PM Orders Economic Stimulus

Why It Matters

Crypto on‑chain data showed large investors opening tens of millions of dollars in leveraged long positions after Bitcoin’s dip to $104,000, signaling increased risk appetite if Japan shifts toward QE.

Summary

Japan’s new prime minister Sanae Takaichi unveiled stimulus measures including energy subsidies and regional grants to cushion inflation, a move traders say could presage more monetary easing. BitMEX co‑founder Arthur Hayes seized on the package to predict renewed fiat printing and a potential Bitcoin rally to $1 million, while the yen slipped to a one‑week low amid uncertainty over the Bank of Japan’s next policy step. Crypto on‑chain data showed large investors opening tens of millions of dollars in leveraged long positions after Bitcoin’s dip to $104,000, signaling increased risk appetite if Japan shifts toward QE.