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BCH $260.01 +1.56%
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SUI $0.8236 +3.80%
XLM $0.1922 +4.47%
ZEC $1,175.26 +0.81%

Fundstrat co-founder: Bitcoin may reach $100,000 this year, and if it becomes a treasury reserve asset, it could offset the U.S. deficit

2024-11-09 21:52:22

ChainCatcher news, according to a post by Cointelegraph on the X platform, former JPMorgan Chief Equity Strategist and co-founder and research head of FundStrat Global Advisors Tom Lee stated in an interview with CNBC that Bitcoin could become a "treasury reserve asset" to help offset the U.S. deficit.

Additionally, Bitcoin still has the potential to reach $100,000 this year, with significant upside potential.

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