Tom Lee: Crypto entered a new bull cycle that could be the biggest in its history
Tom Lee said the cryptocurrency market has entered a new bull cycle, expecting this cycle to be the biggest in the market’s history so far.
He pointed out that Bitcoin breaking above its 200-day moving average, along with ongoing institutional inflows into the cryptocurrency market, supports his view that the uptrend will continue.
Lee believes the current cycle may differ from previous ones, driven by several factors—most notably the expansion of asset tokenization, increased institutional adoption of cryptocurrencies, and the growing use of AI agents in executing crypto transactions.
Meanwhile, BitMine, associated with Tom Lee, continues to increase its holdings of Ethereum, as it now owns more than 6 million Ethereum coins.#pepe⚡
Tom Lee said the cryptocurrency market has entered a new bull cycle, expecting this cycle to be the biggest in the market’s history so far.
He pointed out that Bitcoin breaking above its 200-day moving average, along with ongoing institutional inflows into the cryptocurrency market, supports his view that the uptrend will continue.
Lee believes the current cycle may differ from previous ones, driven by several factors—most notably the expansion of asset tokenization, increased institutional adoption of cryptocurrencies, and the growing use of AI agents in executing crypto transactions.
Meanwhile, BitMine, associated with Tom Lee, continues to increase its holdings of Ethereum, as it now owns more than 6 million Ethereum coins.#pepe⚡
