Arthur Hayes Predicts Ongoing Trump Pump To Last Until End of Q1 2025

In a Jan. 7. blog post, former BitMex CEO Arthur Hayes claimed that the ongoing “Trump pump” could last until the end of Q1 2025 at the very least, likely due to liquidity injections from the U.S. Federal Reserve (Fed) and the U.S. Treasury Department.

According to Hayes, The Fed and the U.S. Treasury Department could inject $617 billion of dollar liquidity into the global financial market in the first quarter of 2025. Hayes believes this will prevent any letdown by the Trump team and his proposed pro-crypto and pro-business legislation.

Hayes's latest essay backtracks statements from his last essay, in which he claimed that members of the crypto industry who expected pro-crypto legislation once the Trump administration was sworn in were in for a rude awakening.

“In my latest essay ‘Trump Truth,’ I argued that the high expectations for policy action out of the Trump camp set up the market for disappointment. I still believe that is a potential negative factor that could weigh upon the market in the short term, but against that, I must balance the dollar liquidity impulse. Bitcoin, for now, jukes and jives as the pace of dollar emissions changes,” Hayes wrote.

Hayes also said his Maelstrom fund, where he is chief investment officer, will focus on the budding Decentralized Science (DeSci) space and take on more risk.

Hayes highlighted the fund’s decision to scoop up a series of tokens tied to the DeSci narrative, including $BIO, $VITA, $ATH, $GROW, $PSY, $CRYO, and $NEURON. These acquisitions reflect a calculated bet on a narrative Hayes believes is currently undervalued but poised for a significant re-rating as interest in decentralized applications expands beyond traditional financial systems.