On December 4th, Tom Lee, chairman of Ethereum treasury company BitMine, stated at the Binance Blockchain Week event that Bitcoin is expected to rise to $250,000 within a few months. He also mentioned that if the price ratio between Ethereum and Bitcoin returns to the average level of the past eight years, the price of Ethereum could rise to about $12,000. He pointed out that Ethereum has begun to break through its five-year consolidation range, and the trend of asset tokenization in 2025 will enhance Ethereum's utility value.
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Tom Lee: Bitcoin may rise to $250,000 within months, and Ethereum is expected to rise to $12,000.
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