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News Explorer — Arthur Hayes Predicts Altcoin Surge If Bitcoin and Ethereum Get Near All-Time Highs

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Aug 13, 10:02 am
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Arthur Hayes Predicts Altcoin Surge If Bitcoin and Ethereum Get Near All-Time Highs

Bitcoin billionaire Arthur Hayes predicts that if Bitcoin and Ethereum surpass $70,000 and $4,000, respectively, it could trigger a surge in altcoins. However, the upcoming U.S. election poses a challenge for the markets. Hayes believes that Vice President Kamala Harris has an advantage over Donald Trump due to her age and the volatile state of American politics and the economy. He anticipates a shift in the crypto market in September, driven by U.S. Treasury Secretary Janet Yellen's financial maneuvers.

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