BlockBeats News, December 4th, Tom Lee, Chairman of the Ethereum Treasury Company BitMine, stated at the Binance Blockchain Week event that he expects Bitcoin to rise to $250,000 in the next few months. He also mentioned that if the Ethereum-to-Bitcoin price ratio returns to the average level of the past eight years, the price of Ethereum could rise to around $12,000.
He pointed out that Ethereum has begun to break out of its five-year trading range, and the trend of asset tokenization by 2025 will increase Ethereum’s utility value.
