Arthur Hayes Predicts Ethereum Could Reach $10,000 in Future
In a recent interview on the Bankless podcast, Arthur Hayes, former BitMEX CEO and current Maelstrom CIO, expressed a bullish outlook on Ethereum, predicting potential prices of $10,000 to $15,000 as global liquidity shifts and capital controls arise.
- ETH surged over 50% in a week due to changing market sentiment rather than technical factors, according to Hayes.
- He noted that Ethereum's resurgence is timely after being overshadowed by tokens like Solana.
- Hayes views Ethereum’s price recovery within a broader monetary transition away from US Treasury dominance, favoring assets like gold and Bitcoin.
- He believes Ethereum will thrive under increasing financial repression and capital controls.
- While acknowledging ETH's past underperformance compared to Bitcoin, he sees its potential increase with improved regulatory clarity and the revival of decentralized finance.
- Projects such as EtherFi and Pendle may offer fundamental value justifying Ethereum's price growth.
- At the time of reporting, ETH was priced at $2,477.
