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Arthur Hayes predicts Ethereum at 20,000 dollars
While the asset has just broken its all-time record, Arthur Hayes, the founder of BitMEX, reignites the debate with a shocking prediction.
Ethereum could reach between 10,000 and 20,000 dollars by the end of the bull cycle.
A statement that, in a climate of great monetary uncertainty, resonates as a strong signal for the crypto ecosystem, among personal conviction, macroeconomic reading, and very real market dynamics.
Hayes is relying on the technical rebound of ETH, which recently surpassed its all-time record of 4,880 dollars.
The bullish scenario is reinforced by institutional accumulation: BitMine Immersion Technologies and SharpLink Gaming together own more than 10 billion dollars in ETH.
Ethereum ETFs recorded record inflows in July and now control more than 5% of the total supply.