Fundstrat Global Advisors co-founder Tom Lee has issued a bullish forecast for Ethereum, saying the cryptocurrency could climb to about $5,500 within the next few weeks and reach $10,000 to $12,000 by the end of the year
Fundstrat Global Advisors co-founder Tom Lee has issued a bullish forecast for Ethereum, saying the cryptocurrency could climb to about $5,500 within the next few weeks and reach $10,000 to $12,000 by the end of the year. In separate public remarks collected on Wednesday, Lee also cited a more optimistic scenario in which the token approaches $15,000 by December.
Lee’s view adds to a chorus of optimistic outlooks for major digital assets as investors weigh the potential impact of a new market cycle and continued institutional interest. While Ethereum has rallied sharply this year, Lee’s projections imply additional gains of several multiples from current levels.
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