Tom Lee: Bitcoin may hit a new high this year, Ethereum may perform even better

On January 18th, Tom Lee, Chairman of BitMine and co-founder of Fundstrat, stated in an interview with CNBC that the market rally in the first five trading days of January is a positive omen for the year and is optimistic about the S&P 500 reaching its target of 7700 points. He believes that Washington's policy of limiting credit card interest rates may impact the financial industry, but the advancement of the Clarity Act is beneficial for the cryptocurrency industry. Lee predicts that Bitcoin may reach a historic high this year, while Ethereum may perform better than Bitcoin.