Ethereum to Hit $10K and ‘Tear the Market a New Asshole’, Says Arthur Hayes
Main Idea
Crypto mogul Arthur Hayes predicts Ethereum could reach $10,000 by the end of the year, citing its recent surge and institutional interest.
Key Points
1. Arthur Hayes, co-founder of BitMEX, believes Ethereum (ETH) could hit $10,000 by year-end, doubling his previous $5,000 prediction.
2. ETH recently traded at $3,590, down slightly from its 2025 high of $3,844 but still 27% below its 2021 peak of $4,878.
3. Hayes attributes ETH's potential rise to its popularity among Western institutional investors and strong inflows into ETH ETFs, including a record $2.1 billion in one week.
4. He compares the current market dynamics to 2020, when credit growth led to a 15x Bitcoin surge, suggesting similar gains for ETH.
5. Hayes also maintains a bullish outlook on Bitcoin, predicting a $250,000 year-end price with a 60% likelihood.
Description
BitMEX founder Arthur Hayes now thinks that Ethereum will soar to $10,000 this year, doubling his previous projection. Here's why.
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