Surprising Statements from Arthur Hayes, Who Previously Expected a Decline: “Get Ready for a Monster Altcoin Season”

Following the remarkable increases in the cryptocurrency market in the last 24 hours, BitMEX co-founder Arthur Hayes made an extremely optimistic prediction for altcoins.

In a post on the X (formerly Twitter) platform today, Hayes claimed that a “monster altcoin season” will begin in the market.

Hayes, who has long maintained a cautious stance, has now completely reversed this view and announced his ultra-bullish outlook. According to Hayes, the primary drivers of this new era will be market indicators and political developments in the US. His statements have resonated widely with both investors and analysts.

Hayes had previously warned that the Treasury General Account (TGA) fill, the US Treasury Department's process of rebuilding cash reserves at the Fed, could pressure risky assets by draining liquidity from the market, which he argued could weaken short-term market sentiment.

However, this week's sudden surges have virtually dispelled these concerns. Bitcoin's consecutive new highs in just two hours prompted Hayes to reassess the market. Hayes noted that Ethereum has also gained significant momentum during the same period, suggesting that the leading altcoin could be the precursor to a strong altcoin season.

Hayes also highlighted market expectations that US President Donald Trump might soften his stance on tariffs. Using the humorous phrase “TACO” (Trump Always Chicken Out), Hayes argued that this policy could also create an environment favorable for risky assets.