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BCH $205.19 -3.77%
LINK $8.80 +0.89%
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AAVE $86.51 -2.67%
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ZEC $487.23 -1.36%

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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