Arthur Hayes: Bitcoin Expected to Test $100,000, Ethereum to Test $3,000

BlockBeats News, August 2nd, Arthur Hayes responded to recent profit-taking activities on social media, stating: "The U.S. tariff relief program will expire in the third quarter... at least that's how the market sees it after the non-farm payroll data is released. Currently, major economies have not been able to create credit fast enough to boost nominal GDP. So Bitcoin will test $100,000, and Ethereum will test $3,000. For more information, please join my keynote speech at WebX Asia in Tokyo on August 25th. I'm off to relax."

BlockBeats previously reported that Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($41,470) earlier today.