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Hania Humayun

Tom Lee projects Ethereum at $12,000–$22,000 and Bitcoin up to $250,000 in 2026 despite 60% ETH drawdown

As 2026 begins, Ethereum is trading near $2,000 after falling about 60% from its 2025 peak, while Bitcoin has slid 45–50%, yet several analysts foresee a sharp rebound. Tom Lee of BitMine Immersion Technologies and Fundstrat projects Ethereum could reach $12,000–$22,000 and Bitcoin $200,000–$250,000 in 2026, with other institutions also issuing bullish Ethereum targets. Large players such as BitMine and Ark Invest are still accumulating Ethereum and related stocks even as retail investors remain cautious and prior forecasts have missed.