/crypto
dmitritius
·
a year ago
Arthur Hayes predicted the return of the "altseason"
Arthur Hayes, co-founder of the bitmex exchange, is confident that the "altseason" will begin soon, when investors will begin to redistribute their investments in altcoins to the detriment of bitcoin, which will lead to a decrease in the btc dominance index and signal an imminent trend change. Last week, some of the leading altcoins, such as ether and dogecoin, showed quite good results. Hayes believes that bitcoin could fall below $30,000 in the coming days. He recommends investing in altcoins such as bnb and doge, as well as medium-term in Ethereum, which successfully survived the April fork. Hayes traces the growth of dogecoin, which receives support from Elon Musk and periodically causes bursts of activity on social networks
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