Arthur Hayes: ETH is the Largest Position Outside of Bitcoin, Could Rise to $5000 After Breaking $3000
Prefer us on Google
Arthur Hayes stated that ETH is the largest position in his portfolio outside of Bitcoin. He believes that as the second-largest cryptocurrency by market capitalization, ETH has yet to break its historical high from 2021, and its risk of going to zero is lower compared to other cryptocurrencies, offering a favorable risk-reward ratio. Hayes thinks that the current cycle has limited upside for ETH, but there is significant room for a rebound. Once it breaks $3000 and establishes a reflexive upward trend, the price could quickly rise above $5000.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Bitcoin Bullish Index Surpasses 60 for the First Time in 10 Months, Analyst Says
Goldman Sachs Acquires Volatility, Turning Bitcoin into a Revenue Business
Bhutan transfers 490 BTC worth $32.7M to new wallets
AI Debt Reaches $500 Billion, Testing Corporate Bond Supply in September
Bitcoin Surpasses $75,000, Short Liquidations Exceed $2.75 Billion
Coinbase CEO Optimistic About Clarity Act Passing with Over 60 Votes
WEEX Exclusive：Silver and Platinum Jump More Than 2.5% | WEEX TradFi Daily (August 21, 2026)
Silver and Platinum Jump More Than 2.5% | WEEX TradFi Daily (August 21, 2026)
U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.
Bull Bitcoin Launches Wallet 6.13 with Automated Code Verification
Bitcoin Included in Dominican Legislation, Lacking Comprehensive Regulation
US Long-Term Yields Rise Again, Hitting Wall Street
Trump Crypto Summit: How Clarity Act Could Impact COIN and MSTR
WEEX Exclusive：Bitcoin Breaks Above $70,000, Lifting Crypto Financial Stocks | WEEX TradFi Daily (August 20, 2026)
Bitcoin Breaks Above $70,000, Lifting Crypto Financial Stocks | WEEX TradFi Daily (August 20, 2026)
Expanded U.S. Treasury long-bond buybacks helped pull yields lower and supported a modest rebound in risk appetite, with the major indexes closing slightly higher. At the same time, Bitcoin briefly rose above $70,000 and lifted crypto-linked equities, while positive Phase 3 vaccine data from Merck and Moderna pushed healthcare and biotech stocks higher. SK Hynix’s large-scale buyback also kept attention on the storage cycle and AI-related demand. Markets are continuing to digest the relatively hawkish Fed minutes while positioning ahead of earnings from Alibaba and Walmart.
Institutional Investors Increase Digital Asset Allocation by 1.2%
Korean Won Interest Rate Swaps Decline Across All Maturities, 2- and 3-Year Rates Down 5.75bp
Strategy Increases Cash Reserves by $4.8 Billion with No BTC Transactions
Web3: Foreign Media Reports that the Altcoin Market in 2026 May Depend on ISM Recovery
Modernizing Financial Infrastructure for Digital Assets by 2026
Web3: Foreign Media Reports Three Changes That May Boost SHIB
Major Bitcoin Holders Add 43,000 Bitcoins Worth $2.75 Billion
Ripple Prioritizes Institutional Financial Infrastructure Strategy Over IPO
X402 Transactions Reach 75.41 Million, AI Payment Verification Intensifies
AI: Five ECB Economists Consider a Correction of Tech Values Likely
Tom Lee Advocates Ethereum as AI Verification Layer Following BlackRock Bitcoin Report
Cryptocurrency Transactions: What Will Change for Investors in Russia
Singapore Court Issues Freeze Order for S$75 Million in Cryptocurrency
Milrem Fire, Investigation Linked to Russia Launched
Bond Market Issues 'Strong Warning' ... 'It Won't End Easily... Diversify Your Portfolio' (Comprehensive)
Brent Crude Surpasses $91, WTI Approaches $85
Bitcoin Bullish Index Surpasses 60 for the First Time in 10 Months, Analyst Says
Goldman Sachs Acquires Volatility, Turning Bitcoin into a Revenue Business
Bhutan transfers 490 BTC worth $32.7M to new wallets
AI Debt Reaches $500 Billion, Testing Corporate Bond Supply in September
Bitcoin Surpasses $75,000, Short Liquidations Exceed $2.75 Billion
Coinbase CEO Optimistic About Clarity Act Passing with Over 60 Votes
Contents
Latest articles
Latest coin listings on WEEX
