Arthur Hayes, a well-known expert in the cryptocurrency field, makes a bold prediction about a renewal of altcoin activity in 2025, contingent on Bitcoin surpassing the $110,000 mark.
Arthur Hayes' Forecast
Arthur Hayes predicts a new altcoin season emerging in the summer of 2025, dependent on Bitcoin's rise. He links this expectation to an increase in trading volumes for Bitcoin, which may shift investor focus to altcoins.
Altcoins and Bitcoin
Hayes believes that once Bitcoin reaches $110,000, capital may rotate from Bitcoin into altcoins. He emphasizes the importance of interalternative narratives and liquidity factors in determining asset performance in this cycle.
The Future of Ethereum
Hayes also highlights the potential of Ethereum, expecting its price to rise to $4,000 or $5,000. He considers this asset to be the most underrated among major cryptocurrencies and worth watching as it might outperform in time.
Arthur Hayes' forecasts could significantly influence investor sentiment and lead to increased interest in altcoins. Selecting assets based on strong narratives and fundamentals may be key to succeeding in upcoming cycles.