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Ethereum in 'mini-crypto winter,' says Tom Lee
The Block·
Fundstrat analyst Tom Lee suggests that Ethereum is nearing the end of a 'mini-crypto winter.' This assessment comes as crypto funds saw inflows decelerate to $230 million, influenced by a perceived 'hawkish pause' from the FOMC that led to a midweek market exit. Despite the recent slowdown, Lee's outlook on Ethereum implies potential for recovery. The market is watching for signs of a broader crypto market turnaround.
Tags
fintech
crypto
macro
Original Source
The Block — theblock.coRelated in Fintech