Arthur Hayes expects Bitcoin to continue moving higher and has said the cryptocurrency could reach $1 million by 2030. However, Ethereum is currently his preferred asset, according to Cointelegraph. Hayes believes ETH has the potential to rise “3x to 5x pretty quickly,” making it his top pick despite his positive outlook on Bitcoin. His comments highlight a distinction between Bitcoin’s longer-term price potential and Ethereum’s expected near-term upside. Hayes said Bitcoin is likely to “grind higher from here,” while identifying Ethereum as the asset he is buying instead. The remarks relate to BTC and ETH market sentiment and do not provide a specific price target for Ethereum or a detailed timeline beyond the stated potential for a rapid increase.
Source
Cointelegraph
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