Arthur Hayes: ETH Bull Run to Start When Fed Cuts Rates Below 4%

Quick Summary:

BitMEX co-founder Arthur Hayes shared some bold predictions while speaking at the Token2049 crypto event.

The well-known crypto figure compared ETH to an internet bond that offers staking yields of around 4%.

Federal Reserve’s rate cuts push U.S.Treasury rates below 4%.

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: IndiaJapanSouth Korea

Topics: ETH BitMEX Market News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 16:30:00 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 177 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22579799

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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Publisher ID: #124

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