Bitcoin and Ethereum Poised for Gains, Altcoins Could Outperform: BitMEX's Arthur Hayes
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BitMEX co-founder Arthur Hayes believes Bitcoin ETF accumulation and possible Fed rate cuts could trigger a Bitcoin price surge to new highs.
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Hayes predicts Ethereum may rally if a spot ETF is approved for the leading smart contract platform.
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Hayes says some altcoins could outperform both Bitcoin and Ethereum in the current market.
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Hayes previously said the total crypto market cap could grow by trillions in coming years due to AI and loose monetary policy.
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Hayes advises he's focused on Bitcoin and Ethereum but may buy more "shitcoins" as well.