Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold?

July 11, 2025

Sei price jumps 22% to 5-month high, driven by USDC integration

July 11, 2025

$0.42 resistance could trigger pullback

July 11, 2025

Aave gains 18% weekly amid ecosystem growth, stablecoin dominance

July 11, 2025

SUI Price Eyes $3.60 Breakout After 20% Weekly Surge

July 11, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold?

    July 11, 2025

    SUI Price Eyes $3.60 Breakout After 20% Weekly Surge

    July 11, 2025

    What’s Driving Crypto in 2025? 99Bitcoins Releases Q2 Report

    July 11, 2025

    MemeCore (M) Explodes by 1,100% Weekly: What’s Fueling the Parabolic Move?

    July 11, 2025

    The Last Time This Happened Cardano Rose 55%, ADA Analyst Makes Bold Prediction

    July 11, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Bitcoin » Arthur Hayes signals start of ‘monster alt season’ as markets flip bullish
Bitcoin

Arthur Hayes signals start of ‘monster alt season’ as markets flip bullish

Crypto Observer StaffBy Crypto Observer StaffJuly 11, 2025No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Former BitMEX CEO Arthur Hayes was bearish on BTC, but with the ongoing market rally, his tune is changing.

In a July 11 X post, Hayes called Bitcoin’s (BTC)  breakout to new all-time highs a key turning point. The former BitMEX CEO had recently warned that the U.S. Treasury’s efforts to rebuild its cash balance at the Fed, known as the TGA refill, could pressure risk assets by draining liquidity from the market, dampening short-term sentiment.

However, the crypto market’s sharp move higher this week appears to have invalidated those fears. “I was slightly bearish in my last essay due to TGA refill. What changed? $BTC busted through ATH on good volume,” he wrote. 

I was slightly bearish in my last essay due to TGA refill. What changed?$BTC busted through ATH on good volume$ETH is following and will outperform, get ready for a monster alt szn.
Mrkt thinks Trump will TACO on tariffs, so fuck it: @MaelstromFund is backing up the truck!

— Arthur Hayes (@CryptoHayes) July 11, 2025

While BTC led the breakout, Hayes expects Ethereum (ETH) to take the lead from here, aligning with the asset’s steady climb over the past few days. Historically, such momentum often precedes capital rotation into altcoins, prompting the former executive to add that the long-awaited altcoin season is near.

“Get ready for a monster alt szn,” Hayes said.

Another factor driving his outlook is improving macro sentiment. He noted that markets expect President Trump to ease tariffs, which could support global trade and boost overall market performance.

The former BitMEX CEO previously said in May that BTC must cross the $110,000 mark for the altcoin season to truly kick off, and predicted the breakout to occur around June or early Q3. With that breakout now confirmed, he believes the next phase of the cycle is underway.

Long-term, Hayes has always been bullish on Bitcoin’s future. He expects BTC to reach around $250,000 by the end of the year and sees a possible path to $1 million by the end of Trump’s current term in 2028.

Hayes’ altseason forecast is already playing out, with momentum building across the market.  Several assets such as SEI (SEI), SUI (SUI), and HBAR (HBAR) have jumped between 10% and 20% over the past 24 hours, with more than 98% of altcoins already outperforming Bitcoin in the ongoing rally.

While the Altcoin Season Index from CMC still leans toward Bitcoin dominance, sitting at 30/100, some analysts say the tide is already turning and that a much bigger season for the asset class is already underway.

Meanwhile, Bitcoin has continued to shatter records throughout the day, trading at an all-time high of over $118,500 at the time of writing.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sei price jumps 22% to 5-month high, driven by USDC integration

July 11, 2025

Missed Bitcoin Dip? CZ Has Crucial Message for You

July 11, 2025

Stocks slip amid Trump’s tariff threats, Bitcoin spike buoys crypto stocks

July 11, 2025

Crypto Is Most Competitive Sport In the World: Bitcoin OG Davinci

July 11, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold?

July 11, 2025

Sei price jumps 22% to 5-month high, driven by USDC integration

July 11, 2025

$0.42 resistance could trigger pullback

July 11, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

SUI Price Eyes $3.60 Breakout After 20% Weekly Surge

July 11, 2025

What’s Driving Crypto in 2025? 99Bitcoins Releases Q2 Report

July 11, 2025

MemeCore (M) Explodes by 1,100% Weekly: What’s Fueling the Parabolic Move?

July 11, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.