TomLee: Ethereum has been the second-best performing asset since the Middle East conflict began, only behind leading safe-haven assets.

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Golden Finance reports that on April 6, Fundstrat co-founder Tom Lee said that since the escalation of the conflict in the Middle East, Ethereum has become the second-best performing asset, while Bitcoin ranks third; both have significantly outperformed the stock market overall.
He noted that current war spending is about $30 billion per month and may rise to a scale of $100 billion in the future; by contrast, the impact of rising energy prices on consumers is relatively limited—when oil prices rise by $10, it corresponds to only about $4 billion to $5 billion per month in consumption pressure.
Tom Lee believes that against the backdrop of high fiscal spending and energy volatility, the allocation value of crypto assets as “liquidity and risk assets” is on the rise.

ETH4,17%
BTC3,58%
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