Congresswoman buys $250K in BTC ETFs — and analysts see $ETH heading to $60K

US Representative Sherry Biggs, a Republican freshman from South Carolina, recently purchased up to $250,000 in Bitcoin via ETFs — a move that market observers are flagging as consistent with Washington's pattern of front-running major policy or market developments. The timing coincides with the current consolidation phase in crypto appearing to resolve to the upside.

Fundstrat's Tom Lee has been making a public bull case for Ethereum specifically, pointing to two structural drivers: tokenization and agentic AI. His price target sits at $60,000–$62,000, grounded in historical consolidation cycles — Ethereum's first major breakout produced a 220x move, the second a 50x. Lee frames the current moment as analogous to 1971, when the US left the gold standard and unleashed a wave of financial product innovation; tokenization, he argues, is doing the same thing today.

Even JPMorgan's Jamie…