Arthur Hayes: Altcoin Season May Be Just Around the Corner as HYPE Surpasses 20 USDT
Foresight News reports that Arthur Hayes stated, "The question I've been asked the most recently is, when is altcoin season coming? And the answer is sometimes it's right in front of you. HYPE." Additionally, Arthur Hayes included an image showing HYPE's price surpassing 20 USDT, with a 24-hour increase of 2.47%.
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On October 8, Levi Strauss (LEVI.N) shares fell 1.3% in pre-market trading to $19.25 after the company reported lower-than-expected sales in the U.S. and Europe. BTIG commented: “This quarter, the European direct-to-consumer (DTC) business was hit by unusually warm weather, but as temperatures return to normal, foot traffic and sales trends have improved, maintaining a positive outlook in early Q4.” The brokerage also noted that the company remains strong in wholesale, e-commerce, and market share in jeans, but its “back-to-school” marketing campaign did not meet expectations. Benefiting from tariff refunds on Wednesday, the company raised its annual profit forecast and is betting on strong demand for its premium jeans and sweaters during the holiday season. Sixteen analysts have an average “buy” rating; the median price target is $27, according to LSEG. The stock has risen 6% year-to-date as of the previous close.
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