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Tom Lee: Standard Chartered's Ethereum Year-End Target of $7500 is 'Lowball'

By: theblockbeats.news|2025/08/14 03:41:34

BlockBeats News, August 14th, BitMine's newly appointed Chairman Tom Lee responded on the X platform to "Standard Chartered Bank to raise Ethereum's year-end price expectation to $7500," stating that this price target may be conservative.

Prior to this news, Tom Lee stated that based on the fundamental valuation of the Ethereum network, the fair price of ETH is $15,000, while the current price is $3,700.

Coinbase DEX has first opened up to 1% of users, and will gradually expand coverage in the future

The probability of a 50 basis point Fed rate cut in September on Polymarket has increased to 8%.