After Powell’s Speech, Fundstrat’s Tom Lee Says $BTC and $ETH Already Found Their Bottom

Tom Lee, the head of research at Fundstrat, didn’t wait for Powell’s Jackson Hole speech to set the tone. He came out with a bold take: “Crypto $BTC and ETH are leading indicators to equities. Both bottomed yesterday evening = stocks bottom by Friday.”

In plain words, Lee believes Bitcoin and Ethereum already hit their lows this week — and that means they’re primed to push higher. If crypto really did mark its bottom before Powell even spoke, then stocks could be next in line to follow the same path.

It’s a reminder that crypto often moves ahead of the pack. While traditional markets were waiting for the Fed, Bitcoin and Ethereum may have already written the next chapter.