Bitcoin & Ethereum Price Forecast: Hayes Dey See $250K & $10K
BitMEX co-founder Arthur Hayes don raise im Bitcoin price forecast come $250,000 and Ethereum price forecast come $10,000 by di end of di year. E talk about record $2.1 billion weekly inflows dey enter US ETH ETFs and di government debt-fuelled credit boom wey dey happen under “wartime-style” fiscal agenda. Di rise for institutional demand and stablecoin liquidity na di main drivers. Tether talk say e get $13.7 billion profits wey e invest through Tether Ventures for over 120 companies wey dey work for payments, Bitcoin infrastructure, AI analytics, renewable energy and privacy tech. Tether make am clear say dis money na profits, no be from USDT reserves. Crypto entrepreneur Justin Sun withdraw $1.7 billion ETH from Aave cause liquidity wahala, make ETH borrowing rates go pass 10%. More than 627,944 ETH dey wait for unstaking for record high. PNC Bank join hand with Coinbase to offer crypto-as-a-service, make US customers fit buy, sell and hold cryptocurrencies direct for PNC’s platform. PNC go still provide banking services for Coinbase. Dis Bitcoin and Ethereum price forecast show say institutional confidence dey grow and crypto market don mature.
Bullish
Hayes high Bitcoin price forecast plus Ethereum price forecast, backed by record ETF inflows and government-run credit boom, show strong upward movement. Tether dem $13.7 billion venture investments and PNC partnership with Coinbase for crypto-as-a-service dey enhance infrastructure and institutional participation. Even though Justin Sun Aave withdrawal cause short-term liquidity pressure and volatility, overall e help market depth and long-term positive outlook for both BTC and ETH.