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Tom Lee: ETH already has the attribute of a wartime-value store of wealth, and after the Iran-Iraq conflict, its performance was second only to oil.

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ME News message: On April 27 (UTC+8), Bitmine Chairman Tom Lee said that since the U.S.-Iran conflict, ETH has outperformed the S&P 500 index by 1,696 basis points, becoming the single best-performing asset globally besides crude oil, and already has the characteristics of a “wartime value storage” asset. Tom Lee added that as Wall Street accelerates its push for on-chain tokenization, and as Agentic AI systems drive demand for public, neutral blockchains, these factors will continue to be positive for Ethereum. His core expectation is that the market is currently in the final phase of a “mini crypto winter.” (Source: ChainCatcher)
ETH0.86%
BMNR-4.78%
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