CoinVoice has recently learned that Fundstrat founder Tom Lee stated that cryptocurrencies will become the core of the new financial system and predicted that the price of Bitcoin will reach 1 million dollars, with a target price of 60,000 dollars for ETH. He believes that the influx of institutional and sovereign funds will provide support for the market and suggested that stablecoins may provide long-term support for fiscal stability by purchasing U.S. Treasury bonds.
In addition, Tom Lee pointed out that Bitcoin and Ethereum have become cases similar to 'Universal Basic Income' (UBI), where early investors can 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, changing traditional market cycles.[Original link]