Arthur Hayes, former CEO of Bitmex, thinks Etheruem (ETH) can reach $5,000.
Hayes, August 5th in a blog post dated Ethereumu from proof of work (Proof of Work) to proof of share (Proof of Stake)The Merge” update was successful and the Fed’s “Hawk“Ethereum price in case it ends its stance” 5,000 dollarsHe predicted that it could go up to .
September The merger, which is expected to take place in May, has not yet been announced by the market. not priced believing Hayes Moreover “buy the rumor, sell the newsHe stated that his strategy will not be used in this event.
Hayes, in addition to these postponement and the Fed aggressive rate hikes if it continues Ethereum’He thinks it could go even lower.
Arthur Hayesby the end of June for Ethereum, in a blog post he shared earlier in April. $2,500It marked the bottom level.
However, with the negative 1,000 dollars The second largest cryptocurrency by market value, which fell below the level of merger date to be clarified With the beginning of this period, these levels started to rise by bottoming out.
According to CoinGecko data, in the last month period 47.1% Ethereum (ETH), which is rising, is currently at its all-time high (ATH) in November 2021 at the time of writing. 4.878 your dollar Under 65.8% from $1,667 is being traded.