**Crypto Market Update: Altseason Delayed Until 2025?**
The much-anticipated altcoin rally, known as "altseason," might be on hold until 2025, according to Bitmex co-founder Arthur Hayes. For altcoins to surge, Bitcoin (BTC) and Ether (ETH) need to hit key levels: $70,000 for BTC and $4,000 for ETH.
- **Current Market Status**: BTC and ETH are recovering from a recent $510 billion market sell-off, with BTC struggling to rise above $60,000.
- **Future Predictions**: Hayes predicts BTC could reach $100,000 by the end of 2024, driven by new liquidity from Treasury bills.
- **Solana's Potential**: Solana (SOL) could hit $250 in the next altseason, though it's currently 42% down from its all-time high.
Stay tuned for more updates as the crypto market evolves!