BTC will hit $1M by 2030... but Arthur Hayes is buying ETH instead

CoinTelegraph Published Updated Cryptocurrency
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Affected assets and topics

$ETH $BTC ETHEREUM BITCOIN BTC ETH

Why it matters

Arthur Hayes, co-founder of BitMEX, expresses a bullish long-term outlook for Bitcoin but identifies Ethereum as his preferred investment due to its potential for rapid appreciation of 3x to 5x. The article highlights a divergence in asset preference within the crypto space, with Hayes favoring Ethereum over Bitcoin despite his positive Bitcoin forecast.

  • Hayes' public endorsement of Ethereum as a 3x-5x potential investment
  • Hayes' bullish long-term outlook for Bitcoin, which may indirectly support crypto market sentiment

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Neutral Confidence 65% How confidence is read Horizon: Short term Impact: Moderate

Hayes' endorsement of Ethereum could influence investor sentiment and capital flows toward ETH, particularly among retail and institutional traders who follow his views. The article does not provide evidence of direct market reactions or trading volumes, so the impact is speculative but may affect ETH's relative demand in the short term.

Risks

  • The article does not provide evidence of actual market reactions or trading activity following Hayes' comments
  • Hayes' views are subjective and not necessarily reflective of broader market sentiment or fundamentals
  • No quantifiable data on adoption, liquidity, or regulatory developments is provided to support the claims

Evidence trail

Evidence
Source CoinTelegraph
Claim BTC will hit $1M by 2030... but Arthur Hayes is buying ETH instead
Affected assets ETH, BTC
AI inference Neutral · 65%
Generated 2026-09-02 13:30

AI provenance

Analysed by Mistral Small Latest Methodology v1.0 Generated
Technical identifiers
Provider tag
mistral-small-latest
Analysis version
mistral-small-latest
Article id
126075
Timeframe
6h

Prediction lifecycle

  • Mistral Small Latest ETH Neutral 65% 6h
    Generated 6h Verified
  • Mistral Small Latest BTC Neutral 65% 6h
    Generated 6h Verified

Logged at publication, scored automatically once the window closes — never edited.

Original source

Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.”

Read the full article on CoinTelegraph

Original article published by CoinTelegraph on September 2, 2026. Analysis and insights provided by AnalystMarkets AI.

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