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Benzinga
Benzinga
Business
Murtuza J Merchant

Fundstrat's Tom Lee Says Ethereum Has '50% Chance' Of Flipping Bitcoin

Tom Lee Ethereum Fundstrat Bitcoin BitMine Crypto
Ethereum Coin

Ethereum (CRYPTO: ETH) could overtake Bitcoin (CRYPTO: BTC) in network value, according to Fundstrat co-founder and Bitmine (AMEX:BMNR) chairman Tom Lee, who said there is at least a 50% chance Ethereum’s network value flips Bitcoin.

What Happened: Speaking in an interview with Mario Nawfal, Lee highlighted the growing institutional and government sponsorship of Bitcoin, but emphasized that Ethereum's role as a financial infrastructure layer gives it unique upside.

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