Crypto markets may climb, but some investors do not believe that the rally is true, and that’s exactly why it is higher, according to Tom Lee, Fundstrat’s co-founder and Chairman of the Ethereum Treasury Firm Bitmine Immersion (BMNR).
Talking to CoinDesktv, Lee explained why he called the rebound throughout the crypto and equities that began in April “The most hated V-shaped bounce in history.“
That’s because when the markets collapsed after President Donald Trump’s tariff announcements at the beginning of the month, economists predict a backward, and many investors are clearly clear in the Riskier ownership. They were caught a rebound.
“Since 2020, investors have been unhappy with every recovery,” he said. “This one is no different.”
Traditional finances are increasingly buying in crypto – continuous and quiet, Lee said. The Ethereum Blockchain’s Ether (Et)According to him, it benefits from pushing Wall Street into tokenization, network selection for legal clarity and technical reliability. “Ethereum has never had downtime. That’s important to banks,” he said.
Lee’s company Bitmine, betting there.
The company is currently holding 625,000 ETH and about $ 2.8 billion in properties, which is almost indebted. Lee also confirmed A $ 1 billion sharing sharesWhile proven the company’s purpose to accumulate 5% of the ETH supply.
Bitcoin
Meanwhile, it is becoming a repeated purchase for institutional investors. Lee said he believes that a move to the Federal Reserve policy – especially a transfer to rate cuts in the coming months – can send BTC to fall to $ 250,000.
Lee Values Eth, currently priced at $ 3,700, at $ 15,000 based on network basis. He maintains the true story is not appreciated for institutional adoption.
“We’re not at the top,” he said. “We’re just mid-cycle.”
