Arthur Hayes, founder of BitMEX, has forecasted that Bitcoin could reach $125,000 by the end of the year. Speaking at a conference in Las Vegas, Hayes highlighted that new U.S. banking leverage regulations, combined with national military and AI capital expenditures, could trigger a $4 trillion credit surge. He believes this influx of liquidity will surpass the credit disruption caused by AI. With liquidity indicators rebounding alongside Bitcoin, Hayes is optimistic about the cryptocurrency's potential to reach new heights.