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Cryptonews

Fundstrat's Tom Lee reiterates $22,000 Ethereum base case at Consensus Miami

Ethereum (ETH) slipped below $2,300 to about $2,292.52, as Fundstrat's Tom Lee described the token as "cheap" and presented a $22,000 target during Consensus in Miami. Lee tied the figure to an ETH/BTC ratio of 0.048 and his $250,000 Bitcoin fair-value view, while also pointing to staking, exchange reserve declines, and tokenization trends as potential demand drivers.
ETH
ETH-1.09%
BTC
BTC-2.21%
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Ethereum