Tom Lee Says Ethereum at Market Bottom on July 13, Compares to Post-1987 Stock Market

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According to Odaily, Bitmine Chairman Tom Lee spoke at WebX 2026 in Tokyo on July 13, comparing Ethereum's current price trajectory to the stock market in the years following 1987. Lee stated that Ethereum is currently at a bottom phase and poised to rise. He added that many investors are fearful of low prices while overlooking the true value driver: institutional adoption. Lee emphasized that "Wall Street likes Ethereum," pointing to growing machine adoption as a key support for the asset's trajectory.
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