PANews reported on July 11 that Arthur Hayes, co-founder of BitMEX, tweeted that he was slightly pessimistic about the market because of the US government's "saving money" (TGA fund replenishment) problem, but now the situation has changed. Bitcoin has broken through its all-time high and its trading volume is also strong; Ethereum is following closely and may perform better. He believes that the market is about to usher in a wave of "altcoin frenzy" (alt szn). In addition, he mentioned that the market expects Trump to adjust the tariff policy, which makes investors more confident.
Arthur Hayes: Because TGA was slightly pessimistic about the market, the market is about to usher in a wave of "altcoin craze"
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