#比特币波动性 Tom Lee, the chairman of BitMine, who focuses on the crypto market on Wall Street, recently dropped a bombshell: the stablecoin giants have become super buyers in the global gold market, purchasing gold more aggressively than many Central Banks. More importantly, he predicts that this force will push gold prices up again in early 2026 — and this is actually a long wick candle for $BTC.

Let's first talk about how this logic is transformed.
Stablecoin issuers need to hold sufficient reserve assets for each coin, right? Like Tether issuing USDT, they must hold real money. As the scale of stablecoins skyrockets, these institutions have become the most aggressive new buyers in the gold market. What does it essentially reflect when gold prices are pushed up? The market is looking for a hard currency that "is not subject to sovereign currency manipulation and can withstand inflation."
Bitcoin has exactly this attribute.
So Tom Lee's interesting point is here: the rise of gold is not an enemy of $BTC. When stablecoins are hoarding gold crazily and driving up the price of gold, they are actually recharging the entire "fiat currency alternative" track - on this track, Bitcoin and gold are teammates, not rivals. Funds will not choose between the two, but will pour into these kinds of "hard assets" simultaneously.
In other words, behind the soaring gold prices is the global distrust of the fiat currency system. Whether it's $ETH or $BTC, digital assets are benefiting from the same wave of dividends.
In 2026, at this time point, Tom Lee believes that the two will form a "synergistic rise". The strengthening of gold will not siphon off funds from the crypto market; instead, it will enhance the attractiveness of the entire alternative value storage assets. Once this resonance effect is formed, it will be much more powerful than a bull market acting alone.
For holders of coins, this judgment actually breaks the old mindset. In the past, everyone thought that gold and encryption currencies were in competition, but now it is clear: they are facing the same enemy - the devaluation of currency and the trust crisis of the credit currency system. In this larger context, the two are more likely to work in synergy.
In simple terms: when you understand that buying gold with stablecoins essentially fuels the entire hard asset camp, you should realize that the bull market engine for digital assets is just warming up.
(The above is based on Tom Lee's public opinions and does not constitute investment advice)