BitMine: It is expected that Bitcoin will rise to 200,000-250,000 USD by the end of the year, with Ethereum targeting 10,000-12,000 USD

ChainCatcher news, according to The Block, BitMine Chairman Tom Lee stated during the 2025 Korea Blockchain Week Impact Summit that he predicts Bitcoin will reach $200,000 to $250,000 by the end of the year, with Ethereum's target at $10,000 to $12,000. He said, "I remain bullish on Bitcoin, which typically performs strongly in Q4, and the Fed's shift from a hawkish to a dovish stance is favorable."

He added that this prediction aligns with the target set by Fundstrat's Chief Market Technician Mark Newton. He analyzed, "The Ethereum to Bitcoin exchange rate should revert to historical averages or five-year highs, calculating Bitcoin at $250,000, the year-end target range for Ethereum would be $10,000 to $12,000." He expects Ethereum to break its previous high, with true price discovery occurring in the $12,000 to $15,000 range, and emphasized, "This is far from Ethereum's peak."