Scan to download
BTC $73,995.45 -0.48%
ETH $2,319.57 -1.97%
BNB $614.80 +0.31%
XRP $1.36 -0.62%
SOL $83.24 -2.96%
TRX $0.3232 +0.78%
DOGE $0.0932 +0.22%
ADA $0.2399 -1.25%
BCH $433.31 -1.03%
LINK $9.05 -1.75%
HYPE $43.59 -2.95%
AAVE $100.58 +0.59%
SUI $0.9378 -0.78%
XLM $0.1555 +0.60%
ZEC $352.79 -4.30%
BTC $73,995.45 -0.48%
ETH $2,319.57 -1.97%
BNB $614.80 +0.31%
XRP $1.36 -0.62%
SOL $83.24 -2.96%
TRX $0.3232 +0.78%
DOGE $0.0932 +0.22%
ADA $0.2399 -1.25%
BCH $433.31 -1.03%
LINK $9.05 -1.75%
HYPE $43.59 -2.95%
AAVE $100.58 +0.59%
SUI $0.9378 -0.78%
XLM $0.1555 +0.60%
ZEC $352.79 -4.30%

price

Tom Lee: The net effect of the war on the U.S. economy is positive, and the market has begun to price in favorable outcomes

Tom Lee, chairman of BitMine, a company in the Ethereum treasury, stated in an interview with CNBC, "The reason the stock market remains resilient is that even in the face of war, the economy is actually performing better than expected." He pointed out that defense spending is currently about $30 billion per month and could rise to $60 billion per month in the future, which has a significant stimulating effect on the economy; meanwhile, the rise in oil prices by $20 per month only adds about $12 billion in burden to households, "Overall, the war is actually helping corporate profits right now."Tom Lee cited historical precedents, saying, "Looking back at World War II, the stock market bottomed out in May 1942, just five months after the U.S. entered the war, and at that time, no American troops had even set foot on the European or Pacific battlefields." He believes, "The market is very good at pricing in outcomes ahead of time; the current rise in the stock market means that the market is pricing in a favorable outcome, although I can't clearly articulate the specific reasons, but that's the signal conveyed by the market's performance."Regarding the three major variables in the current market— the Iran war, corporate earnings reports, and interest rates—Tom Lee stated, "Among the three, only war can create tail events in both directions, so this is the variable that deserves the closest attention." In terms of sector allocation, he remains bullish on the energy sector and pointed out that energy security is one of the most important structural themes in recent years.

Bitwise: Geopolitical conflicts are enhancing Bitcoin's safe-haven attributes, with $1 million potentially becoming the benchmark price

Bitwise Asset Management points out that the recent strength of Bitcoin is not contrary to a risk-averse environment, but is directly driven by geopolitical conflicts. Since the escalation of the situation in the Middle East at the end of February, BTC has risen by about 12%, while the S&P 500 index has fallen by about 1% and gold has dropped by about 10%, showing a clear divergence in performance.Bitwise CIO Matt Hougan and research director Ryan Rasmussen state that Bitcoin is simultaneously embodying two logics: "store of value asset" and "potential international settlement currency." As the financial system becomes "weaponized" and the global payment system fractures, the appeal of non-sovereign neutral assets continues to rise. The report suggests that geopolitical fragmentation is prompting some countries to explore alternative paths to bypass the traditional financial system, such as attempting to introduce Bitcoin settlements in trade. This trend enhances BTC's potential position in the global monetary system. Based on the aforementioned changes, Bitwise indicates that the Bitcoin valuation framework is being reshaped; if it captures both store of value and transaction settlement demand, long-term price expectations may be underestimated, and $1 million could shift from a target ceiling to a "benchmark level."
app_icon
ChainCatcher Building the Web3 world with innovations.