Tom Lee: Ethereum has become the second-best performing asset since the Middle East conflict, only behind leading safe-haven assets.

MarsBitNews · 2026-04-07T00:28:44+00:00

Mars Finance reports that Fundstrat co-founder Tom Lee stated that since the escalation of the Middle East conflict, Ethereum has performed exceptionally well, ranking second, with Bitcoin in third place, both surpassing the stock market. He believes that high fiscal spending and energy fluctuations have increased the allocation value of crypto assets.

MarsBitNews

2026-04-07 00:28:44

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Mars Finance reported that Fundstrat co-founder Tom Lee said that since the conflict in the Middle East escalated, Ethereum has become the second-best performing asset, while Bitcoin ranks third; both have overall significantly outperformed the stock market. He noted that current war spending is about $30 billion per month and could rise to a scale of $100 billion in the future; by comparison, the impact of higher energy prices on consumers is relatively limited—every $10 increase in the oil price corresponds to only about $4 billion to $5 billion per month in consumer pressure. Tom Lee believes that amid high fiscal spending and energy volatility, the allocation value of crypto assets as “liquidity and risk assets” is rising.

ETH-0.72%

BTC-0.4%

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