“It is a Bull Market,” Says BitMEX CEO Arthur Hayes

Arthur Hayes, the CEO of BitMEX a major Bitcoin margin trading exchange, has said in a tweet that the crypto market has turned entirely bullish. As the leading digital currency Bitcoin (BTC) has again topped its psychological level of $10,000 today on July 27, 2020, and some other altcoins are also trading fairly bullish, therefore, the BitMEX CEO says that it is a bull market.

The Chief Executive of the BitMEX exchange has posted a witty comment in the tweet while claiming that the crypto market’s present state is completely bullish. He said, “It’s a f****** bull market, are you ready!!!”. BitMEX CEO also shared a screenshot from the film “Glengarry Glen Ross” in the tweet.

Arthur Hayes is already famous in the community because of his witty comments and the eccentric behavior that he shows on certain occasions. For instance, the BitMEX exchange added support for the perpetual contracts of the BCH/USD pair last month at the start of June. On this listing, Arthur Hayes posted a witty comment saying:

BCHUSD perp is now live. Which shitcoin should BitMEXdotcom list next?

The overall market sentiment is positive now

Almost the entire crypto market is showing positive sentiment at the moment. Most of the top cryptocurrencies are trading bullish right now.

The world’s leading digital currency by market cap Bitcoin (BTC) is currently standing above the psychological level of $10,000. With the current bullish sentiment, the leading digital coin is now aiming at breaking above its another major resistance barrier at $10,500.

Apart from Bitcoin, the price value of the second-ranked cryptocurrency Ethereum (ETH) is also trading in the bullish territory holding a mark of $323. This positive behavior of these top digital currencies is clearly supporting the claim of the BitMEX CEO that the market’s sentiment is bullish.


Mubashar N.

Mubashar Nawaz is a Cryptocurrency enthusiast and writer with an extensive experience of writing in the field. He is currently writing for Bitcoin News Today. As a keen observer of the crypto market, he covers the latest news related to crypto and blockchain technology as well as price analysis. He is always focused on providing very informative and interesting content.

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