Tom Lee: If Bitcoin matches the price of gold, it could reach as high as $2.2 million, and the long-term price of Ethereum could reach $62,000

on the scene that on October 1, 2025, Tom Lee pointed out in his speech at the Token 2049 event in Singapore that 2025 is a key macro turning point for Wall Street since the decoupling of the US dollar from gold in 1971. He believes that if the value of the Bitcoin network aligns with gold (currently the value of the Bitcoin network is only about 10% of gold), its potential unit price is significant - if it only reaches 10% of the value of the gold network, the unit price of Bitcoin can reach $140,000; if it basically matches or even exceeds the value of the gold network, the unit price can reach as high as $2.2 million.

If the price ratio of Ethereum to Bitcoin returns to the 2021 high of 0.087, calculated based on Bitcoin at $250,000 by the end of the year, the unit price of Ethereum may reach $22,000; in the long term, its unit price is expected to rise to $62,000.

In addition, Tom Lee also mentioned that stablecoins, as "tokenized dollars," can strengthen the dominance of the US dollar, currently holding $280 billion in government bonds, and may become the largest government bond holder in the world in the future, with a market size expected to reach $40 trillion.