**On January 18, BitMine Chairman and Fundstrat co-founder Tom Lee told CNBC in an interview:** – “January’s first five trading days of gains are a positive sign for the full year, lifting the S&P 500’s upside potential to 7700 points.” – “Recent volatility across financial, broader market, and crypto sectors partially stems from policy: Washington is pushing to cap credit card rates. If enacted, this would weaken financial institutions’ ability to lend to diverse consumers — hitting the sector.” – “Progress on the ‘Clarity Act’ is bullish for crypto. The market took a heavy hit last October, so we expect a meaningful recovery as we move past that impact point.” – “We’re bullish on Bitcoin (likely to hit a new all-time high this year) and even more optimistic on Ethereum, which we forecast to outperform Bitcoin.”
