- Tom Lee stated that the crypto market may be entering an early recovery phase, although sentiment remains cautious.
- The CLARITY Act’s debate, whether or not it passes, will confirm the return of favorable conditions for digital assets.
On words Bitmine Immersion Technologies Chairman Tom Lee said recent market trends are reminiscent of past cycles, when prices began to recover but investor sentiment remained subdued.
In our view, the cryptocurrency spring has already arrived, and, as in previous cycles, investor sentiment and confidence are subdued and pessimistic, despite the rise in cryptocurrency prices. wrote he.
Lee linked his forecast to changes in US policy, saying that discussions of the CLARITY Act, whether or not it passes, will confirm the return of favorable conditions for digital assets.
The US Senate has released a compromise version of the CLARITY Act, which, while banning stablecoins that generate returns from reserves, allows for activity-based rewards in an attempt to balance the need to protect existing depository institutions (i.e., traditional banks). We are generally satisfied with this compromise, and we hope the bill will be passed in 2026. wrote Tom Lee.
His statement came after more than six months of weak price growth following the October 2025 market downturn.
At the time of writing the article Bitcoin traded at $80,865, up 1,44% over the past 24 hours, According to Coin Market Cap. Efirium per day up by 0,75% to $2,380.
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