Arthur Hayes: BTC Targets $1 Million by 2030, But ETH Remains the Top Choice

According to Cointelegraph, BitMEX co-founder Arthur Hayes stated in the latest episode of the Trade Secrets show that factors such as the burst of the AI bubble, massive monetary expansion, and potential U.S. yield curve control will drive Bitcoin to $1 million by 2030. He believes $58,000 may already mark the bottom for this cycle, with Bitcoin poised to enter a "rise amid hate" phase. Despite this, Hayes currently favors Ethereum as his top pick, viewing it as severely undervalued given its role as DeFi's foundational layer. It remains the only large-cap cryptocurrency to have yet surpassed its 2021 all-time high, offering upside potential for a rapid 3x to 5x gain. In contrast, he has adopted a more cautious stance toward Hyperliquid, arguing that its asymmetric upside potential has significantly narrowed.