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Tom Lee: ETH already has the characteristics of a wartime value storage asset; after the conflict between the US and Iran, its performance ranks second only to crude oil

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ME News, April 27 (UTC+8), Bitmine chairman Tom Lee said that since the conflict between the U.S. and Iran, ETH has outperformed the S&P 500 Index by 1,696 basis points, becoming the best-performing single asset globally after crude oil. It already has the asset attribute of “wartime value storage.” Tom Lee added that as Wall Street accelerates the push for on-chain tokenization, and as Agentic AI systems increase demand for public, neutral blockchains, this will continue to be a positive tailwind for Ethereum. His basic expectation is that we are currently in the final stage of the “mini crypto winter.” (Source: ChainCatcher)
ETH0.51%
US500-0.15%
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