Arthur Hayes: In this market rebound, ETH will outperform all other large-cap tokens

Odaily Planet Daily reported that Arthur Hayes recently gave a video interview on the Altcoin Daily podcast. During the interview, Arthur once again expressed his aggressively bullish stance on ETH: "In this round of liquidity rebound in the crypto market, it will outperform all other large-cap crypto assets."

When the host asked, "Assuming BTC rises to $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 about 25% to 26%. I don't think it will fall that low again, but dropping to 40% is possible, and the vast majority of that shift will be driven by ETH. Because it is the largest asset by size, and no other asset can rise both significantly and quickly enough to meaningfully lower BTC's dominance."