Tom Lee: Ethereum Ranks as Second Best Performing Asset Since Middle East Conflict, Following Top Safe-Haven Assets

AirdropBlackHole · 2026-04-06T15:11:29+00:00

Tom Lee of Fundstrat highlighted that Ethereum has emerged as the second best performing asset amid the Middle East conflict, surpassing Bitcoin and significantly outpacing the stock market. He emphasizes the increasing allocation value of crypto assets due to high fiscal spending and energy volatility.

AirdropBlackHole

2026-04-06 15:11:29

Abstract generation in progress

On April 6, Tom Lee, co-founder of Fundstrat, stated that since the escalation of the Middle East conflict, Ethereum has become the second best performing asset, with Bitcoin ranking third. Both have significantly outperformed the stock market. He noted that current war expenditures are approximately $30 billion per month and could rise to $100 billion; in contrast, the impact of rising energy prices on consumers is relatively limited—each $10 increase in oil prices corresponds to about $4 billion to $5 billion in monthly consumer pressure. Tom Lee believes that against the backdrop of high fiscal spending and energy volatility, the allocation value of crypto assets as ‘liquidity and risk assets’ is increasing.

ETH4.2%

BTC3.27%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.