Markets· ★★★· bullish·

Tom Lee: $1 trillion metals wipeout could rotate capital into Bitcoin

  • —Gold and silver shed roughly $1 trillion in market value in a day
  • —Bitcoin fell only about 2.3%, holding up better than bullion
  • —Fundstrat's Tom Lee expects capital to rotate from metals into BTC
Why it matters: The call reinforces Bitcoin's safe-asset narrative and could lift BTC demand if the metals selloff continues.
Source: Coinotag