Arthur Hayes has radically changed his stance on crypto markets. After months of caution, the BitMEX co-founder now believes a powerful altcoin rally is on the horizon.
Posting on X, Hayes declared the arrival of a “monster alt season.” This turnaround follows Bitcoin’s explosive rally to new highs above $118,000 and a renewed wave of optimism across the market. He points to both technical momentum and political signals as driving forces behind the shift.
Hayes flagged Ethereum’s strong performance during Bitcoin’s surge as a signal that altcoins could soon outperform. He suggests that ETH may lead the pack in the next risk-on cycle.
At the same time, Hayes introduced the phrase “TACO” — short for “Trump Always Chickens Out.” He argues that President Trump may reverse course on tariffs, which would improve sentiment across risk assets and create a more favorable environment for crypto.
Bitcoin’s swift move to new all-time highs erased short-term fears and sent traders scrambling for exposure. The shift in tone from cautious to extremely bullish marks a major inflection point for altcoin investors.
Solana (SOL) is approaching a critical technical level that could trigger a major breakout. According to crypto analyst Ali Martinez, a weekly close above $170 may ignite a new bull run and potentially open the door for a rally toward the $2,000 mark.
Smart contract platforms Ethereum and Solana are shaping the crypto market’s future with big upgrades and shifting strategies.
Ethereum exchange-traded funds are gaining momentum, with recent inflows ranking among the top ten ever recorded.
Bitcoin’s breakout to a new all-time high above $118,000 has reignited momentum across the crypto market. While BTC itself saw nice gains several altcoins are riding the wave of renewed investor interest.