Tom Lee Says Ethereum Could Hit $60,000 as New Investors Enter Crypto

Fundstrat head of research and Bitmain chairman Tom Lee said Ethereum could reach a new all-time high this year and potentially climb to $60,000 within the next few years.

Lee made the comments in an interview with Coinage, where he discussed Ethereum’s recent price performance, institutional demand, tokenization and the broader crypto market.

Ethereum had risen about 80% from its June low near $1,500 to around $2,700 by late September, despite the Federal Reserve raising interest rates in September.