Volatility in the cryptocurrency market is once again on the rise. Bitcoin draws attention with a $110,000 prediction from BitMEX founder Arthur Hayes, while Ethereum’s decrease in exchange supply and increased leverage usage attract investor interest. As Bitcoin price movements catch investors’ attention, BitMEX co-founder Arthur Hayes made a bold prediction that the leading cryptocurrency will reach $110,000. Hayes shared on the X platform that Bitcoin will first rise to $110,000, but after surpassing $87,000, it will retest $76,500. Referencing changes in the monetary policies of the Federal Reserve (Fed), Hayes stated that a transition from quantitative tightening (QT) to quantitative easing (QE) could ignite a strong rally in the crypto market. However, he refrained from providing a specific timeframe for his predictions. Following these statements, Bitcoin showed a strong increase of 3.71% to reach $87,480. Ethereum also moved with a similar momentum, rising by 4.05% to $2,093. The total market value of the crypto market increased by 2.94% within 24 hours to reach $2.84 trillion. During this period, Bitcoin’s market value rose to $1.727 trillion, with trading volume increasing by 93% to $18.2 billion. Stablecoin transfers, which make up 94.74% of crypto trading, reached $57.58 billion. Investors focused on central bank policies and market momentum while ignoring the potential impact of the customs tariffs planned by U.S. President Donald Trump. Solana Gaining Investor Interest: Weekly Active User Count Reaches 17 Million In addition to Bitcoin, Solana (SOL) continues to attract significant interest from traders and institutions. Solana’s price rose by over 7% in the last 24 hours, surpassing $139. The transfer of assets worth $72 million from Ethereum to the Solana network played a role in this increase. According to DeFiLlama data, Solana’s total locked value (TVL) reached 54.87 million SOL, the highest level since June 2022. On-chain analysis shows that 11.09 million wallets now hold SOL, indicating a new peak. Solana’s weekly active address count reached 17 million, surpassing Ethereum’s user count of 1.8 million. According to Binance data, SOL wallet balances on the exchange showed a sharp increase last week. Traders started to strengthen their position in Solana ahead of upcoming regulatory news and ETF applications. U.S.-based Volatility Shares launched two Solana futures ETFs (SOLZ and SOLT) on Nasdaq on March 21. Additionally, major financial institutions like Franklin Templeton and VanEck applied for spot Solana ETFs, indicating an increase in institutional interest. Trump’s Customs Tariff Statements Increased Risk Appetite in the Crypto Market U.S. President Donald Trump mentioned in the Oval Office that he could introduce flexibility to the planned customs tariffs. Using the words, “People ask me about customs tariffs and some wonder if there are exceptions. When you do it for one person, you have to do it for everyone,” Trump stated, “I’m not changing. But the word flexibility is an important word… sometimes flexibility is needed.” Trump’s statements increased uncertainties regarding the global trade policies of the U.S. and affected the market’s risk sentiment. During this time, U.S. Treasury bond yields rose. The 10-year bond yield increased by three basis points to 4.282%, and the 2-year bond yield rose to 3.979%. The rise in yields indicates a reduction in concerns about a full-scale trade war in the market.