Arthur Hayes Says ETH to $10K; Is Ethereum’s Big Breakout Coming?

The post Arthur Hayes Says ETH to $10K; Is Ethereum’s Big Breakout Coming? appeared first on Coinpedia Fintech News

Bitcoin has been breaking records on several exchanges, but Ethereum is quietly taking the center stage. It recently crossed above $2,780. Arthur Hayes, the former BitMEX CEO, is betting big on Ethereum, calling for a rise to $10,000. With rising institutional inflows and a trend shift, ETH might be gearing up for a major breakout. It is currently trading at $2,782, with gains of over 4% in the last 24 hours.

Arthur Hayes teased Ethereum hitting $10,000 in a recent post. He backed it with a chart showing early signs of strength in Ethereum’s price. The ETH/BTC pair is also bouncing off historic lows, which could mean a major trend shift is starting.

Arise Chikun, it's time…$ETH = $10,000

Yachtzee