Tom Lee: It is expected that Bitcoin will rise to $200,000 to $250,000 by the end of the year, and Ethereum's target is $10,000 to $12,000

ChainCatcher news, according to The Block, BitMine Chairman Tom Lee stated during the 2025 Korea Blockchain Week Impact Summit that he predicts Bitcoin will reach $200,000 to $250,000 by the end of the year, and Ethereum's target is $10,000 to $12,000. He said, "I remain optimistic about Bitcoin; it typically performs strongly in Q4, and the Federal Reserve's shift from a hawkish to a dovish stance is favorable."

He added that this prediction aligns with the target set by Fundstrat's Chief Market Technician Mark Newton. He analyzed, "The Ethereum to Bitcoin exchange rate should return to historical averages or five-year highs; based on Bitcoin at $250,000, the year-end target range for Ethereum is $10,000 to $12,000." He expects Ethereum to break its previous high, with true price discovery occurring in the $12,000 to $15,000 range, and emphasized, "This is far from the peak for Ethereum."