Tom Lee Predicts Bitcoin Could Reach a New All-Time High in 2026, Ethereum to Outperform

According to a ChainCatcher report, Tom Lee, chairman of BitMine and co-founder of Fundstrat, said in an interview with CNBC, "Looking at the overall market, I believe the upward movement is positive news. It's a very good omen for the entire year and gives us more upside potential to reach our S&P 500 target of 7,700 points. The volatility in the financial sector, the overall market, and the crypto market in the past few days has, to some extent, reflected the impact of policy factors. Washington is trying to limit credit card interest rates, and if this policy is implemented, I think it will have a negative impact on the financial industry, as it will weaken financial institutions' ability to provide credit to a wide range of consumers. At the same time, the advancement of the 'Clarity Act' is very positive news for the crypto industry. The crypto market was severely hit in October last year, so we believe that as time moves forward and we gradually distance ourselves from the shock period, the market will experience a significant recovery. Therefore, we are bullish on Bitcoin. We believe Bitcoin could reach a new all-time high this year; at the same time, we may take a more positive stance on Ethereum and expect Ethereum to outperform Bitcoin."