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Tom Lee, Arthur Hayes double down on $10K Ether this year

BitMine chair Tom Lee said that Ether going to $12,000 wouldn’t be a “blow off top,” it will just be price discovery at a new level.

BitMine chair Tom Lee and BitMEX co-founder Arthur Hayes are holding strong on their prediction that Ether will hit $10,000 this year, despite a recent crypto crash, and there being less than three months left on the clock.

“For Ethereum, somewhere between [$10,000] and $12,000,”  Lee said on the Bankless podcast on Tuesday, when asked where he sees the cryptocurrency’s price going by the end of this year.

Hayes, who also appeared on the same podcast episode, said he is “going to stay consistent” with his $10,000 prediction by the end of the year.

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Source: Cointelegraph →