Crypto
Ethereum seen reaching $12,000 by 2026; BitMine\'s ETH bet back in focus
Tom Lee (톰 리) has set a $12,000 end-2026 price target for ethereum and a $150,000 to $200,000 target for bitcoin. Speaking at a Consensus 2026 keynote in Miami, he said the long crypto downturn has ended, even as investor sentiment remains bearish. His view aligns with BitMine Immersion Technologies\' strategy to accumulate ethereum, though the company has reported unrealised losses on its holdings and faces volatility concerns.