Arthur Hayes: Altcoin season has begun

Arthur Hayes: Altcoin season has begun

Ethereum’s rise in price in recent days is a sign that altcoin season is coming. This was stated by the former CEO of the BitMEX crypto derivatives exchange Arthur Hayes.

Data CoinGecko confirm the opinion of Hayes. On the horizon of the last day and seven days, bitcoin is inferior in dynamics to coins from the top 10, with the exception of stablecoins.

In particular, Ethereum has risen in price by 11% over the past week, while digital gold has only risen by 3.6%.

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