Tom Lee Reveals What Will Drive Bitcoin’s Price to $150,000

Tom Lee Reveals What Will Drive Bitcoin’s Price to $150,000

Speaking with CNBC’s Brian Sullivan on “Last Call,” Lee said, “It’s a generational issue” for Millennials and Gen Z, who are more open to adopting cryptocurrency.
Sullivan told the financial analyst and strategist, “I’ve never met an investment instrument that is so polarizing… There’s people who call it fake, it’s a fraud, it’s a joke, it’s worthless. You know? Why do you think Bitcoin is so polarizing?”
“It’s a generational issue,” Lee answered.
Bitcoin Generation Gap
“You know I think in crypto they refer to sort of the legacy financial folks as Boomers, because you know, Bitcoin is really being adopted and used by both younger folks, both Millennials and Gen Z, as well as people outside the U.S. Bitcoin’s really useful to the unbanked outside the U.S.,” Lee said.
A Coinbase study found that 38% of Millennials and GenZ embraced cryptocurrencies, blockchain, and Web3 in Q4 of 2023. Meanwhile, 26% of Baby Boomers share the younger generations’

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