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Tom Lee Says Crypto Winter Is Ending, Sees Ether at $60,000

Tom Lee Says Crypto Winter Is Ending, Sees Ether at $60,000

  • Tom Lee, chairman of BitMine, said the crypto bear market that has continued since the second half of last year is entering its final stage.
  • Lee said tokenization and the spread of artificial intelligence (AI) agents will lift demand for the Ethereum network, pushing the price toward $60,000.
  • BitMine said in an SEC filing that it recorded a net loss of $3.82 billion in the first quarter, of which about $3.78 billion was an unrealized loss on its Ether holdings.

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Tom Lee, chairman of BitMine, speaks at Paris Blockchain Week 2026 in Paris, France, on April 15.
Tom Lee, chairman of BitMine, speaks at Paris Blockchain Week 2026 in Paris, France, on April 15.

Tom Lee, chairman of BitMine, said the cryptocurrency bear market that has persisted since the second half of…

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