Tom Lee Forecasts Ethereum to Hit $30,000-$60,000 in Bull Cycle

2025-09-23 00:01

Tom Lee, Chair of Bitmine Immersion, has projected that Ethereum could reach a new all-time high between $30,000 and $60,000 during the current bull cycle. This prediction comes amid a market downturn, with Bitcoin and Ethereum prices experiencing a decline. Bitcoin's price has dropped to $112,000, while Ethereum has fallen to $4,100, as analysts indicate the onset of a September market correction. Previously, Lee suggested that Ethereum might reach $15,000 to $16,000 by the end of December, highlighting his bullish outlook on the cryptocurrency's potential growth despite recent market fluctuations.

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