Hayes told the Consensus Miami 2026 audience that the only thing that matters when assessing Bitcoin’s fair value or future price is how many units of fiat currency exist today, how many will exist in the future, and at what pace that fiat is being created. “The more money that is printed in the US and around the world, the more value that Bitcoin will have in fiat currencies,” Hayes said. “And it’s this liquidity part of the equation that really drives the price of BTC and not anything to do with politics.”
A Price Target CorrectionCrypto Founder Reveals What Keeps Driving Up The Bitcoin Price
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