Tom Lee: AI bubble hasn't burst, crypto set for major Q4 rally
- —Lee cited six factors: model progress, revenue per employee growth, hardware shortages
- —His GRNY fund fell 5.44% on the week, YTD 9.69% vs 12.14% for the S&P 500
- —Bitmine holds 4.9% of ETH supply against a 5% target
- —Lee called the rally since July a 'prelude', institutions still underweight crypto
Why it matters: The bullish call from an influential analyst could support sentiment in ETH and crypto ahead of the Fed decision.
Source: Siam Blockchain