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Cointelegraph by Martin Young

Tom Lee expects Bitcoin and Ethereum rally after record gold and silver prices pause

Fundstrat managing partner Tom Lee told CNBC on Monday that Bitcoin and Ethereum could see a strong move higher once record-breaking rallies in gold and silver cool down. He argued that a weaker dollar and an easier Federal Reserve should already be supporting crypto, but recent deleveraging and fear-driven flows into precious metals are delaying the upside. On-chain and market analysts added that for Bitcoin to benefit from dollar weakness, it needs risk-on sentiment rather than panic-driven demand for traditional safe-haven assets.
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