tldr; Tom Lee of Fundstrat Global Advisors suggests that recent U.S. policy moves have shifted risk appetite from cryptocurrencies to gold and silver, which have seen significant gains. He attributes this to Washington’s actions creating market uncertainty and drawing capital away from crypto. Despite this, Lee believes crypto may be bottoming, with potential for a rotation back to Bitcoin and Ethereum as fundamentals remain strong. He highlights increased network activity and Wall Street’s growing integration of digital assets as positive indicators for crypto’s recovery.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Cptn_BenjaminWillard on
I just want it to be mid-November, so we can see if the US just held elections.
sylsau on
Hope keeps us alive!
Prestigious_Spot9635 on
This sub has hard one for Tom. He is an Investor and speculator like us.
somethingnottaken7 on
But… He says “Washington sent the price higher” Did they? How?
Elendron on
Eventually he’s gonna be right, and I can’t wait for it..!
billionaireboysclubs on
Grifter city
Tom Lee is a weak low level grifter in an ocean full of scammy crypto players
He just looks believable than the others and put himself together well
tre6123 on
quiet take but washington moving on gold/silver is actually bullish for everything on chain. btc leads but the real money is in the alts nobody’s watching. idk about the timeline tho could be wrong
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tldr; Tom Lee of Fundstrat Global Advisors suggests that recent U.S. policy moves have shifted risk appetite from cryptocurrencies to gold and silver, which have seen significant gains. He attributes this to Washington’s actions creating market uncertainty and drawing capital away from crypto. Despite this, Lee believes crypto may be bottoming, with potential for a rotation back to Bitcoin and Ethereum as fundamentals remain strong. He highlights increased network activity and Wall Street’s growing integration of digital assets as positive indicators for crypto’s recovery.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I just want it to be mid-November, so we can see if the US just held elections.
Hope keeps us alive!
This sub has hard one for Tom. He is an Investor and speculator like us.
But… He says “Washington sent the price higher” Did they? How?
Eventually he’s gonna be right, and I can’t wait for it..!
Grifter city
Tom Lee is a weak low level grifter in an ocean full of scammy crypto players
He just looks believable than the others and put himself together well
quiet take but washington moving on gold/silver is actually bullish for everything on chain. btc leads but the real money is in the alts nobody’s watching. idk about the timeline tho could be wrong