Why Arthur Hayes expects Ethereum to rise to $ 20,000

After he had set a new high price of all time on Friday, Ethereum could still have a long way to run-Ealhans, according to one of the most pronounced supporters of the crypto industry.

Bitmex founder Arthur Hayes has re -raised his Ethereum objective, this time suggests that the second largest crypto -active could jump to $ 10,000 or $ 20,000 towards the end of the cycle.

Hayes outlined his price forecast – centered on his expectation of large money prints during the time in the office of President Donald Trump – Crypto -chattering Podcast organized by Crypto Personality, Neuner ran this week, prior to the speech of Federal Reserve chairman Jerome Powell in Jackson Hole.

“I think Eth is going [to] $ 10,000 or $ 20,000 before the end of the cycle, “Hayes said when he was asked about his price prediction.” Once it is broken, there is an opening of air at the top, and you clearly have all these digital assets -treasury companies that raise money. It will be easier to raise money if the active they buy is broken by all time and rises up. “

Ethereum started to rise again on Friday and challenged his all time after a lake Pigeon -like tone came from PowellWho has given a speed reduction in order could be in order. The ETH price rose on Friday to a new peak of $ 4,789, but hardly the price record of the Munt 2021.

The recent increase has been partially propelled because of the aforementioned digital assets treasuries, in particular Bitmine Immersion Technologies and Sharplink – Gaming – the Two largest ETH Treasuries They combine more than $ 10 billion in ETH. Ethereum ETFs have also contributed, adding record -breaking inflow In July and grow to retain more than 5% of the entire ETH delivery.

Hayes has been Bullish about ETH in recent months, telling Decrypt In May that he The second largest crypto assets rise to $ 4,000- $ 5,000 before the end of the year. Later he raised that prediction in July and said Eth would do “Tear the market a new dick” Because it tore to $ 10,000, it again called its place as one of the ‘most hated assets’.

Now he suggests that Ethereum could tear to $ 20,000 by the end of the cycle, or the time when the bull market ends, partly because of the amount of money that the Trump administration will probably print.

In other words, Hayes expects the administration to set a large quantitative relaxation, a monetary policy in which new money is created and can be used to buy financial assets.

“From the middle of 2026, we leave the office from the mid -2026 to get absolutely insane with how much they are going to print,” Hayes told Neuner. “My basicase is that we will have a huge bullmarkt in all types of financial assets associated with everything that is important Trump between now and when he leaves the office.”

Hayes previously leaned on his conviction that printing the money accelerated and an increased money supply that comes to feed his The end of the year Bitcoin prediction of $ 250,000.

The Now detached Bitmex founder is financially tailored to the success of ETH and adds around 1.8k ETH worth more than $ 8.6 million Since August 10, according to wallet tracking by Arkham Intelligence. The wallet tagged as belonging to Hayes has more than $ 50 million on Eth and Stut -eth equivalents.