Arthur Hayes, the former president of BitMEX, predicts that the price of Ethereum could reach $10,000 by 2025, driven by improved market sentiment and technical developments such as the "Pektra" upgrade, which contributed to the price rise from $1,400 to $2,700. Hayes noted that geopolitical factors, such as the US-UK trade agreement in May, have bolstered investor confidence. He believes that surpassing the price of $5,000 could open the door for it to reach $10,000 by the end of 2024. Currently, the price of Ethereum is fluctuating around $2,528 with conflicting technical indicators, but operational data suggests the potential start of an "altcoin season" with an improving ETH/BTC ratio. Hayes holds a portfolio that includes 60% Bitcoin and 20% Ethereum, along with other assets like gold.

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