Published by
Benzinga
Benzinga
Fundstrat Global Advisors managing partner Tom Lee says that a single catalyst might propel Bitcoin (CRYPTO: BTC) to reach a price in the six-figure range. What Happened: In an interview with CNBC this week, Lee said the cryptocurrency could skyrocket when the spot Bitcoin exchange-traded fund (ETF) is approved by the U.S. Securities and Exchange Commission (SEC). “If the spot Bitcoin gets approved, I think the demand will be greater than the daily supply of Bitcoin. And so the clearing price, this is done by Sean Farrell, who’s our crypto digital strategist, is over $150,000. It could even be…