Bitcoin is 'digital gold' for millennials and could reach the '$100,000 range,' says strategist Tom Lee

Bitcoin is 'digital gold' for millennials and could reach the '$100,000 range,' says strategist Tom Lee

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/29/bitcoin-could-easily-reach-the-100000-range-strategist-tom-lee.html

Bitcoin is essentially "digital gold" for millennials, and the cryptocurrency could easily achieve the $100,000 range, Wall Street strategist Tom Lee told CNBC on Wednesday.

The digital currency surpassed $10,000 on Tuesday and was approaching $11,000 Wednesday morning, according to industry site CoinDesk. It marked an exponential ascent from 6 cents seven years ago and less than $1,000 at the start of this year.