Arthur Hayes: In This Market Rally, ETH Will Outperform All Other Large-Cap Tokens

Odaily News - Arthur Hayes recently sat down for a video interview on the Altcoin Daily podcast. During the interview, Arthur once again expressed his strongly bullish view on ETH: "In this liquidity-driven rally in the crypto market, it will outperform all other large-cap crypto assets."

When the host asked, "Assuming BTC reaches $200,000 within the next five years, where will ETH stand?" Arthur replied: "I don't know what the exchange rate will be—maybe $20,000, $25,000, or even $30,000... Right now, BTC's market dominance is around 60%, while during the DeFi Summer of 2020 to 2021, it dropped to roughly 25%–26%. I don't think it will fall that low again, but a drop to 40% is possible—and most of that shift will be driven by ETH. Because it's the largest asset by size, and no other asset can appreciate enough, both in magnitude and speed, to meaningfully reduce BTC's dominance."