Summary
- Arthur Hayes said Ethereum (ETH) could draw renewed market attention, citing its recent strength against Bitcoin (BTC).
- Hayes said the ETH/BTC trend has recently improved, and that the relative strength may signal investors are beginning to regain interest in Ethereum investment.
- Cointelegraph said Ethereum’s recent strength against Bitcoin may be a sign that the market is finally waking up again.
Forecast Trend Report by Period
BitMEX co-founder Arthur Hayes said Ethereum’s recent strength relative to Bitcoin suggests market attention could be turning back to the token.
Cointelegraph, a cryptocurrency-focused media outlet, reported on X on Aug. 31 that Hayes said in a recent interview Ethereum had been ignored by the market for quite some time.
Hayes pointed to an improving ETH/BTC trend. That relative strength may signal investors are starting to take interest in Ethereum again.
Cointelegraph said Ethereum’s recent gains versus Bitcoin may be a sign the market is finally paying attention again.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.