Fundstrat’s Tom Lee believes basic market dynamics favor crypto bullishness despite recent price woes.
In a new interview with CNBC, Lee predicts that crypto’s “best years are still definitely ahead.”
“Today, there are only four million Bitcoin wallets with $10,000 in them. There are 900 million IRA and brokerage accounts globally that have $10,000, so that’s 200 times larger a market.”
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Lee thinks crypto’s 2025 story is still positive despite some hiccups and “uncertain” price levels.
“I think that there have been some concerns about quantum, and then there was that huge deleveraging event on October 10th, but the crypto fundamental story is exiting on a really high note this year.
The US government passed legislation and regulations favorable for crypto, and we know
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