Tom Lee: Bitcoin is poised to hit a new all-time high this year, and Ethereum will outperform Bitcoin.

According to Mars Finance, on January 18th, Tom Lee, Chairman of BitMine and co-founder of Fundstrat, stated in an interview with CNBC, "From an overall market perspective, I think the gains in the first five trading days of January are good news. This is a very positive sign for the whole year and gives us more upside potential to reach the S&P 500's target of 7700 points. The volatility in the financial sector, the overall market, and the crypto market over the past few days reflects, to some extent, the impact of policy factors. Washington is trying to limit credit card interest rates, and if this policy is implemented, I think it will impact the financial industry because it will weaken the ability of financial institutions to provide credit to various types of consumers. But at the same time, the progress of the Clarity Act is very good news for the crypto industry. The crypto market suffered a major blow last October, so we believe that as time goes on and we move away from the point of impact, the market will experience a significant recovery. Therefore, we are bullish on Bitcoin. We believe Bitcoin is poised to reach new all-time highs this year; meanwhile, we are likely to be more positive about Ethereum and expect Ethereum to outperform Bitcoin."