Bitcoin and Ether may stage a catch-up rally once the surge in gold and silver cools, according to Tom Lee. He spoke as precious metals outperformed digital assets during recent market stress. Lee said crypto fundamentals remain intact despite recent price weakness. He linked the divergence to deleveraging and capital rotation toward traditional safe havens.
Lee made the comments on Power Lunch, noting that digital assets usually benefit from a weaker US dollar and a Federal Reserve moving closer to easing. He said the current cycle lacks leverage support. As a result, crypto has trailed metals as investors chased momentum elsewhere.
Gold reached a record $5,100 on Monday, extending gains to about 17.5% this year. Silver climbed 57% year to date to peak at $110. Analysts tied the metals surge to geopolitical risks, tariff threats, and a weak dollar, which drew investors toward safety.