Arthur Hayes: BTC Surpassing $110,000 Will Trigger Altcoin Season
According to ChainCatcher, as reported by Fortune, Arthur Hayes stated that the altcoin season will need to wait for Bitcoin to break through $110,000 and rise to the $150,000-$200,000 range, expected to occur in the summer of 2025 or early third quarter, at which point funds will begin to rotate into various altcoins.
He revealed that gold accounts for about 20% of his personal investment portfolio and predicted that during the bull market in the next 18-24 months, ETH's gains might surpass SOL. Hayes believes Bitcoin will reach $1 million before the end of Trump's term (end of 2028), with a year-end target price of around $250,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar Index falls to near 101.50 amid Fed rate pause odds, easing safe-haven demand

Utexo Mint open beta: Get early access to USD₮ on the bitcoin blockchain

"Demand destruction" and tug-of-war over Saudi attack risks, international oil prices fall more than 2%
Traders weighed the impact of Saudi attack risks and sharply reduced demand, causing oil prices to fall more than 2%.

JPMorgan maintains "Neutral" rating on Johnson & Johnson (JNJ.US): Strong data from two anti-cancer drugs, but valuation premium limits upside potential
Johnson & Johnson’s new prostate cancer drug and head and neck cancer drug Ervantumab both released positive data at ESMO. JPMorgan stated that the pipeline shows differentiated potential but valuations are relatively high, maintaining a Neutral rating.
