Tom Lee confirms his forecast on Bitcoin

Tom Lee confirms his forecast on Bitcoin
In a conversation with Bloomberg this week, Fundstrat analyst Tom Lee once again confirmed his forecast for the bitcoin rate - $ 25,000 by the end of the year. One of the reasons he believes in cryptocurrencies is the likelihood that traditional financial institutions will one day actively invest in the crypto industry, seeing in it "high-yield" opportunities. According to Lee, the regulation of the crypto industry will only improve the adoption of the cryptocurrency in both the institutional and retail sectors.

Lee mentioned one of his ...
Read more about "Tom Lee confirms his forecast on Bitcoin" on coinatory.com

Comments

Popular posts from this blog

Polygon Labs Secures ISO 27001 Certification, Enhancing Blockchain Security Standards

$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals

Regulatory Challenges for Web3 in Nigeria Amidst Binance Crackdown