Co-founder and former CEO of cryptocurrency exchange BitMEX Arthur HayesBitcoin $62,877Following the strong performance of (BTC) over the weekend, attention turned to memecoins. Hayes stated on his social media account that Bitcoin’s price maintained its upward momentum and said, “Memecoin trading is next.” Hayes’ comment attracted great attention from cryptocurrency investors.
“Memecoin Time”
Hayes said he was pleased with Bitcoin’s performance in recent days and advised investors memecoinHe announced that it was time to trade the ‘s. Hayes stated that Bitcoin maintained its value throughout the weekend, which was a positive signal for the market.
The famous cryptocurrency investor emphasized that investors’ attention should be directed to memecoins and said, “Now is the time to do some ‘dogshit’ memecoin trading.”
Fed’s Rate Cut and Market Expectations
Hayes, on the other hand, attended the Singapore TOKEN2049 eventIn his speech at the , he also touched on the impact of the Fed’s decision to cut interest rates on the markets. Hayes predicted that if the Fed cut interest rates, the market would first experience a decline and then a new bull market would begin. In this process, Ethereum 
$2,588Stating that (ETH) will show a strong performance, Hayes stated that Ethereum’s potential will increase, especially with interest rate cuts.
Hayes also shared on social media: Japanese yenHe admitted that his previous predictions about the weakening of the cryptocurrency were wrong. Bitcoin’s strength throughout the weekend caused Hayes to reconsider his predictions. The famous cryptocurrency investor shared a positive message for investors by saying, “BTC held up well throughout the weekend. Let’s see, let the good times begin!”
These statements by Hayes cryptocurrency marketWhile it has had a wide impact on the market, it shows that investors should turn their focus to memecoins as well as Bitcoin. However, it remains uncertain how the cryptocurrency market will proceed, and this situation is a matter of great curiosity.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
