Bitcoin Predicted to Hit $126K as AI Spending Fuels Liquidity Growth

Bitcoin's price may be on track to reach new heights as AI spending continues to drive liquidity growth.

Arthur Hayes, chief investment officer of Maelstrom, a crypto investment fund, believes that Bitcoin will reclaim its all-time high of $126,000 this year.

This prediction is based on the increasing competition between the US and China in artificial intelligence (AI), which has led to an acceleration of money printing and credit creation.

The combination of political will and printed money creates favorable conditions for crypto, Hayes argued.