Arthur Hayes Says Altcoin Season Is Here, But Investors Are Too Afraid To Participate — Calls This Coin ‘Best Story’ Of Cycle
Posted On December 22, 2025
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, said in a Friday interview that the so-called Altcoin Season was always there, but that people were just “afraid” to invest their money in the right coins.
Hayes Says New Coins Pump In New Season
During an appearance on the Kyle Chassé podcast, Hayes urged investors to “use their brains” to track what is working in the current market.
“This is a new season. New things pump. So either you adjust and have a framework around how you’re going to appreciate what is new, or you’re always looking in the past,” he argued.
Hayes referred to the dramatic rise of Hyperliquid (CRYPTO: HYPE), which he described …
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