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Tom Lee: Gold and Silver Rally Overshadows Strengthening Crypto Fundamentals, Institutions Accelerating Ethereum Deployment

2026-01-27 00:17

Odaily News BitMine Chairman Tom Lee posted on the X platform, stating that the recent parabolic rise in gold and silver has, to some extent, overshadowed the continuous improvement in the fundamentals of crypto assets, particularly Ethereum and Bitcoin.

He pointed out that during the 2026 Davos Forum, multiple financial institutions have clearly signaled plans to build core business infrastructure on Ethereum and smart contract blockchains. Tom Lee emphasized that when fundamentals show a "sustained upward" trend, prices will ultimately follow their fundamental performance.