Tom Lee Reiterates Bitcoin’s $250,000 Target For 2025, Says New White House Is ‘Embracing’ Digital Assets: ‘We Have A Trump Put’
Posted On December 12, 2024
Prominent financial market commentator Tom Lee doubled down on his $250,000 price target for Bitcoin (CRYPTO: BTC) in 2025 on Wednesday, thanks to a friendlier White House.
What happened: Lee, managing partner and head of research at Fundstrat Global Advisors, stated in a CNBC interview that the leading cryptocurrency faced numerous regulatory pressures in the last few years, but the new White House is “embracing” digital assets.
“A new SEC Chair, a new FTC Chair, a new commerce secretary—I think these are being viewed as pro-business reviving animal spirits, but I think a good proxy is …
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