Bitcoin and Altcoins Surge After Trump's Announcement; Tom Lee Predicts $150K for BTC

Mar 3, 2025, 3:12 p.m. 5 sources
The cryptocurrency market, particularly Bitcoin (BTC) and altcoins like XRP, Solana, and Cardano, has seen significant price increases following recent announcements by US President Donald Trump. Tom Lee, co-founder of Fundstrat Global Advisors, is making headlines with his bold prediction that Bitcoin could exceed $150,000 by the end of this year, citing that a lot of bad news is already priced in. He believes Bitcoin is likely to see a bottom this week and advises investors not to time the market, as Bitcoin's gains often come in brief periods. Additionally, Lee forecasts strong performance for Ethereum (ETH), estimating its price could reach between $5,000 and $6,000 by 2025.
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