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Benzinga
Benzinga
Business
Murtuza J Merchant

Bitcoin Hits $112,000— But Tom Lee Says $200,000 Might Still Come This Year

Tom Lee Bitcoin Fundstrat Global Advisors Crypto US Federal Reserve Ethereum the Federal Reserve
Bitcoin,Gold,Coin,And,Defocused,Chart,Background.

Bitcoin (CRYPTO: BTC) could nearly double from current levels to $200,000 before year-end, according to Tom Lee, head of research at Fundstrat Global Advisors and Chief Investment Officer of Fundstrat Capital.

What Happened: Speaking on CNBC, Lee emphasized the strong link between monetary policy shifts and cryptocurrency performance.

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