Crypto Bullrun: Can Ethereum Reach $10K?

1. What Did Arthur Hayes Say?

 

Arthur Hayes — founder and former CEO of BitMEX — has just shaken the crypto market by raising his Ethereum price forecast from $5,000 to $10,000 this year.

 

In a recent blog post, he emphasized that Ethereum — once sidelined in the crypto space — is making a strong comeback and is about to enter a powerful growth cycle.

 

“This ETH bullrun will tear through the market, just like Solana did after the FTX collapse,” Hayes wrote.

 

 

Ethereum Rides the Golden Bull Straight to $10K!

 

 

2. Why Could ETH Surpass $10K?

 

Arthur Hayes gave three main arguments:

 

2.1. Credit Expansion in the U.S.

 

He believes the U.S. government is injecting massive credit to reignite production — particularly in the defense sector. And whenever liquidity grows, crypto always benefits first.

 

“Remember 2020: credit doubled, and Bitcoin grew 15x,” Hayes reminded.

 

2.2. Inflows into ETH ETFs

 

Ethereum ETFs in the U.S. are seeing record inflows. In the past week alone, $2.1 billion flowed into ETH ETFs. On Wednesday alone, $726 million was added — the highest single-day figure ever.

 

2.3. Institutional Investor Adoption

 

According to Hayes, ETH is becoming a favorite among Western institutional investors, especially after Solana’s rapid surge made many feel they “missed the boat.”

 

3. Where Is ETH Now?

 

•  - Current ETH price: ~$3,648 (as of July 24, 2025)

•  - Year-to-date high: $3,844

•  - Still 27% below the all-time high of $4,878 (2021)

•  - Up 52% in the last 30 days

 

4. Not Just ETH — BTC Could Reach $250,000?

 

In addition to Ethereum, Hayes reaffirmed his prediction that Bitcoin could hit $250,000 by the end of this year — double its current level.

 

He believes: “The 2025 bullrun won’t just be for retail investors — it will be driven by macro liquidity and institutional money.”

 

5. Conclusion: Should You FOMO into ETH Now?

 

Ethereum seems to be aligning all the right factors for a breakout:

 

•  - Positive market sentiment

 

•  - Institutional capital inflows

 

•  - Recovery signs in the DeFi and NFT ecosystem

 

•  - U.S. government pumping credit to stimulate consumption and production

 

If you're a long-term investor, 2025 might be a once-in-a-lifetime opportunity to accumulate ETH before it ever drops below $5,000 again.