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Arthur Hayes: Bitcoin is expected to test $100,000, and Ethereum will test $3,000.
On August 2, Arthur Hayes posted on social media in response to recent profit-taking actions, stating: "The U.S. tariff bill will expire in the third quarter... at least the market believes so after the release of the US Non-farm Payrolls (NFP). Currently, major economies are not creating credit fast enough to boost nominal GDP. Therefore, Bitcoin will test $100,000, and Ether will test $3,000. For more information, please attend my keynote speech at WebX Asia in Tokyo on August 25. I'm going to relax now." BlockBeats previously reported that Arthur Hayes sold 2,373 ETH ($8.32 million), 776 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700) early this morning.