Arthur Hayes: ZEC may test its Polo all-time high from 2016

Arthur Hayes: ZEC may test its Polo all-time high from 2016
ZEC eyes 2016 Polo high test

Arthur Hayes, co-founder and chief investment officer at Maelstrom, shared a personal reflection on ZEC's potential move to retest its Polo all-time high from 2016.

He recounted waking up in Tokyo after a Halloween and bachelor party to find the BitMEX ZEC futures market in heavy activity due to the spot market launch.

Hayes previously described the surge in AI as a financial bubble linked to debt-driven data centers and the performance of unprofitable hyperscaler stocks in an earlier note. He also discussed how a potential AI bubble burst and renewed monetary stimulus could impact crypto markets such as bitcoin, according to a previous commentary. Hayes continues to track cross-market catalysts in his recent market reflections.

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