Tom Lee Says Bitcoin’s Turn Is Coming After Washington Sent Gold & Silver Soaring | US Crypto News
Welcome to the US Crypto News Morning Briefing—your important rundown of crucial developments in crypto for the day forward.
Grab a espresso and settle in—markets are shifting in ways in which depart even seasoned traders squinting at charts. Gold and silver are surging, crypto is wobbling, and Washington’s coverage performs are stirring uncertainty. But in keeping with Tom Lee, someplace within the chaos, a turning level could also be quietly forming.
Crypto News of the Day: Tom Lee Says White House Front-Loading Midterm Wins Is Wrecking Markets
Fundstrat Global Advisors’ Tom Lee is sounding a cautious but optimistic be aware for crypto traders, arguing that latest turbulence in Bitcoin and Ethereum could also be non permanent.
Appearing on CNBC’s Squawk Box, Lee attributed the early-year surge in gold and silver costs to Washington, D.C.’s coverage maneuvers.
He says the White House’s performs have quickly “hijacked” danger urge for food, making a “vortex” that drew capital away from crypto regardless of sturdy fundamentals.
Gold spiked to $4,954.99 per ounce, a 6.5% every day soar, whereas silver surged 13.66% to $87.53. This marks the biggest single-day positive factors for each metals for the reason that 2008 monetary disaster.
Lee tied this frenzy to crypto’s ill-timed deleveraging in October 2025.
“The crypto trade doesn’t have any leverage proper now,” he said. “Gold and silver’s efficiency sucked all danger urge for food in the direction of the valuable metals commerce.”
Lee additionally highlighted Washington politics as a central driver of market uncertainty. With midterms approaching, he criticized the White House for “intentionally choosing extra winners and losers early,” front-loading its agenda and conserving markets “hostage.”
Speculation across the next Federal Reserve chair provides additional volatility, with Lee warning that markets will take a look at the appointee’s resolve on coverage and charges, echoing patterns seen with former chairs Janet Yellen and Jerome Powell.
While the consensus expects Republicans to lose the House, Lee famous {that a} GOP retention may ship a “optimistic shock.”
Signs Point to a Crypto Bottom Amid Gold and Silver Frenzy
Despite near-term headwinds, Lee sees alerts that crypto could also be bottoming. Fundstrat advisor Tom DeMark believes “time and value” alignment has been reached, with Bitcoin again above $78,000 and Ethereum nearing $2,300.
Lee added that Ethereum’s active addresses are “going parabolic,” as Wall Street more and more integrates digital property.
“All the items are in place for crypto to be bottoming proper now,” he stated, contrasting value weak spot with community exercise.
This view aligns with analysts’ notes on potential capital rotation, with some highlighting gold’s 11% rebound from latest lows, including $3.07 trillion, and silver’s 20% surge, reclaiming $800 billion.
Analyst Bull Theory compares this setup to August 2020, when gold topped at $2,075, Bitcoin fell 20%, then rallied 559% over eight months as capital flowed again into danger property.
With the ISM Manufacturing Index at 52.6%, the analyst recommended an identical rotation could also be underway:
“Gold possible topping, and Bitcoin already having corrected, we may now see a rotation into risk-on property,” they said.
However, not all commentary is bullish. Analyst Wimar.X warns that the metals’ surge alerts a “broken system,” echoing pre-crash circumstances in 2000, 2007, and 2019.
With the gold-to-silver ratio close to 56, they argued that establishments are “exiting the on line casino,” probably foreshadowing a 2026 collapse.
Lee, nonetheless, emphasised that the broader financial backdrop stays sturdy. Stocks have been up 1% in January, traditionally correlating to 18% annual S&P positive factors in related durations since 1950.
Even as AI and tech valuations might mean-revert, he sees valuable metals taking a “breather” as wholesome for markets, probably clearing the best way for crypto’s subsequent transfer.
The query now could be whether or not Washington-driven flows will proceed to favor metals or if Bitcoin and Ethereum are prepared for a rebound.
Chart of the Day
The Gold to Bitcoin dominance ratio compares the market cap of each property.
Byte-Sized Alpha
Here’s a abstract of extra US crypto information to observe right now:
- Bitcoin’s security internet comes into view as Galaxy Digital warns of deeper pullback.
- Ethereum price warning: $1,500 danger seems as a bullish metric drops 90%.
- Bitcoin slips beneath $80,000 as massive holders exit — But bounce signals are emerging.
- XRP price under pressure: ETF outflows, holder losses, and a doable rebound.
- MicroStrategy (MSTR) inventory barely escapes cost-basis scare — A 20% price swing awaits?
- Why Vitalik Buterin sold over 700 Ethereum (ETH) regardless of market restoration.
Crypto Equities Pre-Market Overview
| Company | Close As of February 2 | Pre-Market Overview |
| Strategy (MSTR) | $139.66 | $140.80 (+0.82%) |
| Coinbase (COIN) | $187.86 | $189.53 (+0.89%) |
| Galaxy Digital Holdings (GLXY) | $26.44 | $26.95 (+1.93%) |
| MARA Holdings (MARA) | $9.12 | $9.18 (+0.66%) |
| Riot Platforms (RIOT) | $15.32 | $15.53 (+1.37%) |
| Core Scientific (CORZ) | $17.87 | $18.05 (+1.01%) |
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