Arthur Hayes, the former CEO and co-founder of BitMEX, one of the most popular cryptocurrency exchanges, thinks that the Ethereum price could fall to $ 2500 by the end of June.
Sharing on his personal Medium account on April 10, Hayes said that he thinks that the Ethereum price will drop to $ 2500 by the end of June, and that Bitcoin will test $ 30,000 in this process.
Bitcoin is among the Nasdaq-100. 90-day correlation peaks Hayes said that technology shares underperforming. in case of Cryptocurrency market is also affected by this situation. waiting.
In addition, Galaxy Digital CEO Mike Novogratz made a statement recently, if he provides monetary flexibility in the interest policies implemented by the US Federal Reserve. Cryptocurrency market will rise had said.
If this is Hayes agree to the meeting but before it rises that the cryptocurrency market will show a “bottom” stated.
What has happened in Bitcoin in the last 7-day period? 8.5% in Ethereum with the decline 9.5% has declined and 3162 traded in dollars.