BitMEX co-founder Arthur Hayes believes the crypto bull market is just getting started.
Influx of Retirement Funds
Hayes predicts that newly approved spot Bitcoin ETFs will attract funds from retirement accounts. This “sticky flow” of money will provide support during price fluctuations.
Memecoin Mania
Hayes foresees a surge in the value of memecoins, with some potentially rising 1000x.
Bitcoin’s All-Time High
At the time of writing, Bitcoin is trading near $73,000, having recently reached a new all-time high. Hayes believes the rally is far from over.
Disclaimer
The views expressed in this article are not investment advice. Investors should conduct their own research before making any financial decisions.
