Fundstrat's Tom Lee has expressed optimism about the long-term potential of Bitcoin and the broader cryptocurrency market, despite recent price declines. Lee highlighted that only 4 million Bitcoin wallets hold $10,000, in contrast to 900 million traditional accounts with the same amount globally. He emphasized positive regulatory developments in the U.S. and increasing Wall Street interest in blockchain technologies.
In related news, BitMine Immersion has significantly increased its Ethereum holdings, now valued at over $11.7 billion. The company is actively investing in financial infrastructure to connect Wall Street with decentralized finance (DeFi) opportunities.
Tom Lee Remains Bullish on Bitcoin's Long-Term Prospects
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