Arthur Hayes: When Bitcoin Breaks New Highs Again, Funds Will Start Rotating to Altcoins
Jinse reports that Arthur Hayes stated in a Medium article that when Bitcoin surpasses $110,000 (the previous all-time high), it is likely to experience a surge and further expand its market dominance. It might stall at the $200,000 mark, after which funds will start rotating from Bitcoin to altcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Hyperliquid platform whales currently hold $4.293 billions in positions, with a long-short ratio of 0.9
Nasdaq Head of Crypto Business Pledges to "Accelerate" Stock Tokenization Process
Today's Fear and Greed Index remains at 28, indicating a level of fear.
