Close Menu
Global News HQ
    What's Hot

    What’s Worse than Lost FBA Inventory? When Amazon Finds It

    June 30, 2025

    Understanding Small Business Customer Expectations for Success

    June 30, 2025

    Mastercard Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? | The Motley Fool

    June 30, 2025
    Recent Posts
    • What’s Worse than Lost FBA Inventory? When Amazon Finds It
    • Understanding Small Business Customer Expectations for Success
    • Mastercard Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? | The Motley Fool
    • Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target
    • Trump’s fiscal policy and attacks on Fed put US safe haven status at risk, economists say
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • What’s Worse than Lost FBA Inventory? When Amazon Finds It
    • Understanding Small Business Customer Expectations for Success
    • Mastercard Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? | The Motley Fool
    • Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target
    • Trump’s fiscal policy and attacks on Fed put US safe haven status at risk, economists say
    • Anthropic’s AI utterly fails at running a business — ‘Claudius’ hallucinates profusely as it struggles with vending drinks
    • 9 Things You Should NEVER Pressure Wash
    • Ars reflects on Apollo 13 turning 30
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Cryptocurrency & Blockchain - Bitcoin must break $110K before alt season begins, says Arthur Hayes
    Cryptocurrency & Blockchain

    Bitcoin must break $110K before alt season begins, says Arthur Hayes

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Bitcoin must break 0K before alt season begins, says Arthur Hayes
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • Arthur Hayes expects altcoin rotation after Bitcoin tops $110,000.
    • Hayes forecasts Bitcoin reaching $1 million by 2028, coinciding with the end of Trump’s presidency.

    Share this article







    Bitcoin needs to break through $110,000 and rally toward the $150,000–$200,000 range on rising trading volume for the alt season to begin, said BitMEX co-founder Arthur Hayes in a recent interview with Fortune Crypto.

    “I think that happens sometime in the summer or early third quarter, and then the rotation starts into various altcoins,” Hayes noted, when asked what level Bitcoin needs to reach to trigger an altcoin rally.

    Alt season describes the market phase where altcoins outperform Bitcoin, historically occurring after BTC rallies when traders shift capital from BTC into altcoins seeking greater upside.

    Bitcoin has led the market in recent weeks, but altcoins have been slower to respond.

    According to Hayes, unlike the explosive altcoin rally of 2021, where nearly every token surged regardless of fundamentals, the next cycle will likely be more selective.

    He believes a new narrative will drive attention and speculative trading in specific assets, but warns that many “dino coins” are unlikely to recover.

    “A lot of those coins have high FDV, low float, no customers, no revenue, just some CEX listings, that went down 95%, I don’t really see why those should do well in the next cycle,” he added.

    Hayes, who now manages the Maelstrom fund after receiving a pardon from President Donald Trump earlier this year, expects Bitcoin to climb toward $200,000 in its next surge and reach $250,000 by the end of the year.

    He projects Bitcoin will hit $1 million by 2028, just as Trump’s term is set to conclude.

    Bitcoin logged its highest weekly close on May 18, finishing above $106,000 and extending its winning streak to six consecutive weeks. The rally has been fueled by persistent inflows into spot Bitcoin ETFs and steady corporate demand.

    On Sunday, Bitcoin briefly touched $107,000 before pulling back. At the time of writing, it was trading near $103,000, around 6% below its all-time high of $109,500, set in January.

    Hayes maintains a large position in gold, he revealed during the interview, with around 20% of his portfolio allocated to the asset.

    His holdings include physical gold stored in a vault as well as substantial investments in gold mining equities, which he believes remain undervalued despite the metal’s rising prices.

    On Ethereum versus Solana, Hayes favors Ethereum’s prospects. The analyst believes that Ethereum’s underlying fundamentals and ecosystem strength make it a better bet than Solana in the near future, despite its recent price struggles and the criticism it faces.

    “I think that Ethereum could outperform Solana in this next sort of 18-24 months bull run,” he said.

    Share this article









    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleIntel demos running Panther Lake systems, touts performance and power efficiency improvements
    Next Article Here Are the 50 Best Memorial Day Sales from Amazon’s Secret Overstock Outlet—All Under $25

    Related Posts

    Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target

    June 29, 2025

    US entrepreneur Hayden Davis testifies in LIBRA case in New York as legal proceedings advance

    June 29, 2025

    27% of Koreans aged 20–50 hold crypto, 70% eye more investments: Report

    June 29, 2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test – Decrypt

    June 29, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    E-commerce & Retail
    3 Mins Read

    What’s Worse than Lost FBA Inventory? When Amazon Finds It

    It’s a major issue when Amazon loses sellers’ inventory, especially since Amazon’s recent change to…

    Understanding Small Business Customer Expectations for Success

    June 30, 2025

    Mastercard Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? | The Motley Fool

    June 30, 2025

    Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target

    June 29, 2025
    Top
    E-commerce & Retail
    3 Mins Read

    What’s Worse than Lost FBA Inventory? When Amazon Finds It

    It’s a major issue when Amazon loses sellers’ inventory, especially since Amazon’s recent change to…

    Understanding Small Business Customer Expectations for Success

    June 30, 2025

    Mastercard Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? | The Motley Fool

    June 30, 2025
    Our Picks
    E-commerce & Retail
    3 Mins Read

    What’s Worse than Lost FBA Inventory? When Amazon Finds It

    It’s a major issue when Amazon loses sellers’ inventory, especially since Amazon’s recent change to…

    Business & Entrepreneurship
    8 Mins Read

    Understanding Small Business Customer Expectations for Success

    Key TakeawaysUnderstanding Customer Expectations: Small businesses must prioritize recognizing customer expectations as they directly influence…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version