Tom Lee predicts Bitcoin will rise to 1 million dollars, ETH target 60,000 dollars

According to news from Hash World, Fundstrat founder Tom Lee stated in an exclusive interview that cryptocurrency is about to become the core of the new financial system. He predicts that the price of Bitcoin will reach 1 million dollars, while the target price for ETH will reach 60,000 dollars. Lee believes that the injection of institutional and sovereign capital will provide support to the market and pointed out that stablecoins may provide long-term support for fiscal stability by purchasing U.S. Treasuries. In addition, Lee noted that Bitcoin and Ethereum have already become cases similar to 'Universal Basic Income' (UBI), allowing early investors to gain economic benefits without additional work. He also mentioned that the combination of AI and financial innovation will drive cryptocurrencies into broader practical application areas, thereby changing traditional market cycles. Previously, there were reports that Tom Lee expects ETH to rise to 5,500 dollars in the coming weeks and reach 10,000 to 12,000 dollars by the end of the year.