The post Arthur Hayes Predicts Ultra Bullish Altcoin Season Ahead appeared on BitcoinEthereumNews.com.

Key Notes Arthur Hayes says that the spike in Bitcoin signals the onset of a “monster altcoin season.” This marks a pivot from his previous bearish stance that a major selloff looms for the asset class. Altcoins like SEI, SUI, and HBAR have already recorded double-digit gains over the past 24 hours. The cryptocurrency market has recorded a notable rally over the last 24 hours, and Arthur Hayes, the renowned co-founder of BitMEX, has now made a bold prediction for altcoins. The prominent figure shared his opinion on the future of the crypto market in a Friday post on X. From Bearish Stance to Bullish Forecast Hayes went from a bearish stance to an overwhelmingly bullish forecast, signaling the onset of a “monster altcoin season.” He claimed that this sentiment would be driven by market indicators and political developments, sparking interest and debate among investors and analysts alike. 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 Previously, the former BitMEX CEO raised concerns about the Treasury General Account (TGA) refill, which embodied the United States Treasury’s efforts to rebuild its cash balance at the Federal Reserve. In his opinion, this refill is capable of pressuring risk assets by draining liquidity from the market, a move that could dampen short-term sentiment. These fears were suddenly invalidated by the sharp high moves seen in the crypto market this week. Specifically, the former BitMEX CEO acknowledged that the spike in Bitcoin BTC $115 951 24h volatility: 4.2% Market cap: $2.31 T Vol. 24h: $56.12 B price is…

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Filed under: News - @ July 11, 2025 3:27 pm