(CNBC) When Tom Lee’s Fundstrat published its first report on bitcoin about five years ago, it said that by 2022, the cryptocurrency could be worth between $15,000 and $50,000. Bitcoin is currently somewhere in the upper middle of that range, and Lee remains optimistic about the future of bitcoin and crypto, especially in a rising rate environment.
With rates on the rise, Tom Lee sees money from speculative stocks eventually flowing into crypto
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