arthur Hayes Predicts Bitcoin’s Next move and Altcoin Future
Arthur Hayes, co-founder of bitmex, believes Bitcoin needs to surpass $110,000 to trigger a new altcoin season. In a recent Fortune interview,Hayes suggested this could happen by June or early Q3. He manages Maelstrom, his family office, and sees rising liquidity and trading volume as key drivers.
Hayes warns that the next altcoin cycle won’t mirror 2021’s explosive growth. Many older tokens, termed “dino coins,” may not recover due to high valuations and limited user bases. “Coins that dropped 95% and aren’t moving have a reason,” he noted.
When comparing Ethereum (ETH) and Solana (SOL),Hayes favors Ethereum.Despite Solana’s rally, Ethereum’s stronger fundamentals, developer community, and proof-of-stake security give it an edge.
Hayes also reiterated his long-term Bitcoin (BTC) price prediction. He sees Bitcoin hitting $250,000 this year and possibly $1 million by 2028 if Donald Trump wins a second term.
On macro trends, Hayes criticizes U.S. Treasury tactics for hiding true borrowing needs. this excess dollar liquidity benefits Bitcoin and risk assets. He also invests 20% in gold, expecting it to reach $10,000–$20,000.
currently, Bitcoin trades near $103,000, slightly below its all-time high.
