Fundstrat’s Tom Lee remains confident in Bitcoin’s long-term trajectory, suggesting the flagship cryptocurrency could reach $250,000 before the year is out.
Speaking to CNBC, the veteran strategist explained that such a price would reflect just a quarter of gold’s market cap, a milestone he believes is within reach, especially with growing institutional support and the recently passed Genius Act reshaping the regulatory landscape.
Lee argued that as Bitcoin evolves into a recognized store of value, its path toward a $1 million valuation becomes more plausible over time. For now, pricing in a portion of that long-term outlook seems reasonable, he added.
Beyond Bitcoin, Lee highlighted the explosive growth of stablecoins as a transformative moment for crypto—comparable to AI’s breakout with ChatGPT. He pointed to the recent moves by JPMorgan and Citigroup into the stablecoin space as evidence of accelerating adoption.
While praising Circle’s performance, Lee emphasized that Ethereum is the true beneficiary of this trend, given that most stablecoins are built on its network.
According to him, stablecoins now account for more than 30% of Ethereum’s transaction fees. If projections hold, the stablecoin market could soon reach $4 trillion, which would translate into massive upside for ETH.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/bitcoins-next-target-could-be-250k-fundstrat-predicts/