Arthur Hayes Says ETH to $10K; Is Ethereum’s Big Breakout Coming?
2025-07-10 17:38:28
Main Idea
Ethereum is gaining momentum with rising institutional inflows and a potential trend shift, with predictions of its price reaching $10,000, while also outperforming Bitcoin in futures trading.
Key Points
1. Ethereum recently crossed above $2,780, with gains of over 4% in the last 24 hours, and Arthur Hayes predicts it could rise to $10,000.
2. The ETH/BTC pair shows signs of a trend shift, with bullish momentum building as it moves to 0.025 BTC with rising volume.
3. Institutional inflows into Ethereum ETFs are increasing, with over $211 million flowing in recently, including $158.6 million from BlackRock.
4. Ethereum futures volume hit $62.1 billion, slightly ahead of Bitcoin's $61.7 billion, and CME futures open interest for ETH has climbed to $3.27 billion.
5. Ethereum's current price pattern resembles Bitcoin's breakout rally from 2020–2021, and many experts believe it could hit $10,000 by the end of this cycle.
Description
The post Arthur Hayes Says ETH to $10K; Is Ethereum’s Big Breakout Coming? appeared first on Coinpedia Fintech News Bitcoin has been breaking records on several exchanges, but Ethereum is quietly taking the center stage. It recently crossed above $2,780. Arthur Hayes, the former BitMEX CEO, is betting big on Ethereum, calling for a rise to $10,000. With rising institutional inflows and a trend shift, ETH might be gearing up for a major breakout. It is currently trading at $2,782, with gains of o...
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