Tom Lee and Arthur Hayes insist that Ethereum will rise to $10,000 by the end of the year.

On October 15, according to Cointelegraph, despite the recent fall of the crypto assets market and less than three months until the end of the year, BitMine Chairman Tom Lee and CEX co-founder Arthur Hayes still insist that the price of Ethereum (ETH) will reach $10,000 by the end of this year. Tom Lee stated in an interview with the Bankless podcast on Tuesday: "For Ethereum, the year-end price will be between $10,000 and $12,000." In the same podcast, Arthur Hayes mentioned that he would "stay consistent" and maintain the $10,000 prediction for the end of the year. The current price of Ethereum is about $4,129, so if it rises to $10,000, it would mean an increase of about 142%. Both Tom Lee and Arthur Hayes believe that this target is still achievable in the remaining time of this year, and can even be considered a conservative estimate.