Tom Lee expects bullish 12 months for crypto as Wall Street enters
- —Tom Lee: the next 12 months will be "really bullish" for crypto
- —Bitmine bought 27,180 ETH in a week, holding 5.96 million ETH (~4.9% of supply)
- —Bitmine's target of 5% of all ETH supply is about 98% complete
- —The failed cloture vote on the CLARITY Act in the Senate on September 15 weakened part of the forecast
Why it matters: The largest ETH treasury confirms its bet on tokenization and stablecoins, but the CLARITY Act failure leaves the forecast vulnerable.
Source: Bitcoin.com