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

Odaily Planet Daily News: Arthur Hayes recently gave a video interview on the Altcoin Daily podcast. During the interview, Arthur once again expressed an aggressively bullish view 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... BTC's market dominance is currently around 60%, while during the DeFi summer of 2020 to 2021, it dropped to roughly 25% to 26%. I don't think it will fall that low again, but a decline to 40% is possible, and the vast majority of that shift will be driven by ETH. Because it is the largest asset by size, no other asset can rise both significantly and quickly enough to substantially reduce BTC's dominance."