Tom Lee & Arthur Hayes: How Crypto Flips Wall Street
Episode publishedPodcast: BanklessBankless
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Do you think the the year end ranges will be for for both Bitcoin and ETH?
So I'm I'm gonna stay consistent. $250,000 Bitcoin, $10,000 ETH.
Yeah. By by year end, our target for Bitcoin is 200 to 250,000. And for Ethereum, somewhere between 10 and 12,000 ETH.
Bankless nation, happy to introduce you to the world's largest ETH holder, the chairman of BitMine, Tom Lee.
Welcome back to Bankless. Thanks for having me. I'm glad to be back.
And we also are joined by the creator of the perpetual swap, Arthur Hayes. Arthur, welcome back to Bankless as well.
Yo. Yo. What's up?
Some pretty exciting times in market. You guys just got finished with token $20.49, so I bring everyone's kinda recovering and reflecting as to what went on over there. But meanwhile, on the day of recording, we have a Bitcoin all time high, a new Bitcoin all time high of a $126,000. So I just obviously have to start there. Tom, when you see the Bitcoin all time high price, not blowing it up, but, like, you know, making meaningful, you know, chunks away chipping away at that higher and higher price, what do you make of the market right now?
One, I think it's good to see Bitcoin at all time highs as we're entering the fourth quarter and not correcting or in the 90,000 level, because we are in that seasonally strong period, and and the Fed is easing monetary policy, so I I'd say it's good to see an all time high because this is confirmation, and of course, it's only early October, and I think there's still room for upside into year end.
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