Tom Lee, co-founder of research firm Fundstrat Global Advisors and chairman of Bitcoin miner BitMine, said he expects Bitcoin to climb to about $250,000 in 2025. The veteran market strategist has been one of the more bullish voices on the cryptocurrency’s long-term outlook and reiterated the target in comments highlighted by industry media on Monday. Separately, former Binance Chief Executive Officer Changpeng Zhao has asked a court to dismiss a lawsuit brought against him by the bankrupt crypto exchange FTX. Details of Zhao’s filing were not disclosed in the industry reports, but the motion marks the latest legal maneuver in a dispute that has lingered since FTX’s collapse in 2022.