Ethereum to Hit $10,000? Arthur Hayes Flips Ultra Bullish
Bitcoin’s rally reignited risk appetite across the crypto market, and Ethereum’s strong momentum suggests it could lead the next phase of this cycle. Hayes didn’t hold back, stating clearly: “Arise Chikun, it’s time... $ETH = $10,000. Yachtzee.”
Arthur Hayes, co-founder of BitMEX and head of crypto investment firm Maelstrom Fund, has significantly altered his market perspective, now predicting Ethereum will reach $10,000. Previously more reserved, mainly due to concerns about the U.S. Treasury General Account (TGA) refilling and its impact on liquidity, Hayes has shifted gears after Bitcoin’s recent breakout beyond its all-time high.
“$BTC busted through ATH on good volume. $ETH is following and will outperform, get ready for a monster alt szn,” Hayes declared on X. Bitcoin’s comeback has sparked renewed risk-taking in the cryptocurrency market.
With Ethereum’s robust momentum, it appears to spearhead the next phase of this cycle. Hayes emphatically stated: “Arise Chikun, it’s time… $ETH = $10,000. Yachtzee.” He emphasized that the Maelstrom Fund has already commenced an aggressive buildup into Ethereum.
Trump Policy Expectations Fuel Risk-On Sentiment
Hayes attributes this renewed optimism to evolving macroeconomic expectations. He noted that the market perceives a possibility that Donald Trump could sidestep imposing aggressive tariffs or “TACO,” as Hayes dubbed it, if he returns to the presidency. This situation could sustain the existing U.S. adjustment to the economic structure by implementing fiscal stimulus ahead of the 2026 midterm elections.
“Trump is laser focused on ensuring no name Rep hold their seats in 2026. That means the status quo sprinkled with copious amounts of Govt handouts for voters in districts at risk,” Hayes articulated. This outlook supports risk assets, specifically Ethereum, as investors prepare for another wave of liquidity and expansionary policy. Hayes firmly believes Ethereum stands poised to benefit the most from these conditions.
Ethereum Turn to Lead
Historically, Bitcoin often leads bull runs, yet Hayes now regards Ethereum as the primary contender for this cycle. With a surge in institutional interest, growth in decentralized finance, and an improving technical framework, Ethereum holds a compelling position to eclipse its competition. Hayes’ confidence reflects larger market sentiment, where traders anticipate a capital shift from Bitcoin into Ethereum and altcoins, a common trend following Bitcoin’s ascension to new highs. As Ethereum hovers around $2,985, if Hayes’ prediction proves accurate, this might mark merely the beginning.
