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Ethereum Eyes $60K as Mini Crypto Winter Ends, Says Tom Lee

Ethereum Eyes $60K as Mini Crypto Winter Ends, Says Tom Lee

Ethereum’s consolidation phase could soon break, driven by growth in tokenization and agentic AI tied to the network.

Ethereum News

Bitmine chairman Tom Lee said the recent crypto downturn represents a “mini crypto winter” that may already be nearing its end. Speaking at Paris Blockchain Week 2026, he pointed to improving macro conditions and equity market stabilization.

Lee argued that equity markets have already hit their lowest point. He said stock markets historically bottom during periods of bad news, including geopolitical tensions, before recovering. He cited that pattern as a reason to expect a broader financial market rebound.

According to Lee, Ethereum’s consolidation phase could soon break, driven by growth in…

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