Tom Lee and Arthur Hayes still insist that Ethereum will rise to $10,000 by the end of the year

ChainCatcher news, according to Cointelegraph, despite the recent decline in the cryptocurrency market and less than three months until the end of the year, BitMine Chairman Tom Lee and BitMEX co-founder Arthur Hayes still maintain their prediction that the price of Ethereum (ETH) will reach $10,000 by the end of this year.

In an interview on the Bankless podcast on Tuesday, Tom Lee stated that the year-end price for Ethereum will be between $10,000 and $12,000. In the same episode, Arthur Hayes said he would remain consistent and stick to the $10,000 prediction by year-end.

The current price of Ethereum is about $4,129, and if it rises to $10,000, it would mean an increase of approximately 142%. Both Tom Lee and Arthur Hayes believe that this target is still achievable within the remaining time of this year and could even be considered a conservative estimate.