Can Ethereum Do to Bitcoin What Wall Street Once Did to Gold?

Tom Lee, co-founder of Fundstrat and chairman of BitMine Technologies, predicts that Ethereum could “flip” Bitcoin — just as Wall Street outgrew gold’s role in the modern financial system. The executive also forecasted that ETH could reach $60,000 by 2030, representing an approximately 1,510% increase from its current price of $3,727. Why Ethereum Could Challenge Bitcoin’s Market Leadership In an interview with ARK Invest’s Cathie Wood and Brett Winton on Thursday, Lee drew a historical parallel to explain why he believes Ethereum could eventually overtake Bitcoin in market value. He pointed to 1971, when the United States abandoned the gold standard source: https://beincrypto.com/tom-lee-ethereum-to-surpass-bitcoin/