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

BlockBeatNews · 2026-04-06T14:52:18+00:00

Fundstrat Co-Founder Tom Lee stated that Ethereum has performed well since the escalation of the Middle East conflict, ranking second in the list, surpassing Bitcoin. He pointed out that high war spending will enhance the allocation value of crypto assets.

BlockBeatNews

2026-04-06 14:52:18

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BlockBeats message, April 6, Fundstrat co-founder Tom Lee said that since the escalation of the conflict in the Middle East, Ethereum has become the second-best performing asset, with Bitcoin ranking third, and both have significantly outperformed the stock market overall.

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 rising energy prices on consumers is relatively limited—when oil prices rise by $10, it 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 increasing.

ETH3,98%

BTC3,51%

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