In a recent Coin Stories podcast episode, popular crypto analyst Arthur Hayes stated that he would not put any money into Bitcoin (BTC) until the Federal Reserve starts printing more money. Hayes believes that the central bank will begin printing more money to sustain the ongoing war efforts in the Middle East. The US-Iran conflict has seen substantial escalation, which has put substantial selling pressure on investors.
Will The Federal Reserve’s Money Printing Push Bitcoin’s Price?
Hayes is unsure if Bitcoin (BTC) has reached its bottom, but believes that ongoing war could bring prices down lower. The popular analyst said BTC could even fall below the $60,000 mark. Hayes stated, “I think that there is a situation where the longer that this [US-Iran war] carries on, there could be a massive sell-off in equities and Bitcoin.“
Bitcoin (BTC) has faced substantial challenges since October 2025, soon after hitting a new all-time high of $125,080. BTC’s price has fallen by nearly 45% from its 2025 peak. The original crypto recently tested the $72,000 price level, albeit without success. According to CoinGecko data, BTC’s price is down 0.6% in the last 24 hours and 2% over the previous month. However, the asset has maintained some gains in the weekly and 14-day charts, rallying by 2.6% and 6.3%, respectively.
Bitcoin (BTC) could see some gains if the Federal Reserve began printing more money, and if interest rates are lowered. However, risk-appetite among investors is still quite low, and bearish forces continue to dominate the market.
Also Read: Analyst Believes Iran War Could Help Bitcoin: Why?
CoinCodex analysts anticipate Bitcoin (BTC) to reclaim the $80,000 mark soon, predicting the asset to hit $80,681 on March 20, 2026. However, the platform does not expect BTC to be able to hold on to the $80,000 price level, predicting a correction back to the $72,000 level by early May of this year.
