Bitcoin to $250,000 in Months, Ethereum Nears $12,000 as Tom Lee Signals Breakout at Binance Blockchain Week

Bitcoin price outlook remains a focal point as Tom Lee, chairman of BitMine’s Ethereum treasury, spoke at Binance Blockchain Week about a bullish trajectory for BTC toward $250,000 in the coming months.

Lee framed the path as conditional on macro alignment, noting that a reversion of the ETH/BTC ratio to its eight-year mean could push Ethereum toward the $12,000 area, though he framed it as a scenario rather than a guaranteed outcome.

Additionally, he argued that Ethereum is breaking out of a multi-year trading range and emphasized the prospect that asset tokenization by 2025 will enhance Ethereum’s utility value and drive broader adoption in decentralized finance and beyond.