Arthur Hayes Says Ethereum May Regain Spotlight as It Strengthens Against Bitcoin
Minseung Kang
Summary
- Arthur Hayes said market attention could turn back to Ethereum (ETH) as the token has recently shown strength against Bitcoin (BTC).
- Hayes pointed to an improving ETH/BTC trend and said the relative strength could signal that investors are starting to take an interest in Ethereum again.
- Cointelegraph said Ethereum's recent strength versus Bitcoin may signal that the market is finally paying attention again.
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BitMEX co-founder Arthur Hayes said market attention could turn back to Ethereum as the token has recently strengthened against Bitcoin.
Cointelegraph, a cryptocurrency news outlet, said on Aug. 31 in a post on X that Hayes said in a recent interview Ethereum had been overlooked by the market for a long time.
Hayes pointed to an improving ETH/BTC trend. He said that relative strength could signal investors are starting to take an interest in Ethereum again.
Cointelegraph added that Ethereum's recent strength versus Bitcoin may signal the market is finally paying attention again.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.