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Tom Lee says he still sees the potential for
Ethereum
to deliver a 100x move.
$ETH
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The numbers are wild this week: The Fed purchased $23.13 billion in T-bills. China injected ¥1.05 trillion in fresh liquidity. The U.S. Treasury added $51 billion to the system. The Treasury also repurchased $5.7 billion of its own debt. On top of that, the Fed injected another $20.8 billion into the economy. Yet despite all this liquidity, the crypto market still had a brutal week. Hard not to question what’s really going on.
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