7 Views of Tom Lee – Crypto, Gold & Silver in 2026

Jakarta, Pintu News – Tom Lee, Managing Partner at Fundstrat Global Advisors, said that current crypto prices do not yet reflect the improvement in industry fundamentals as the rally in gold and silver attracts investor capital to safe-haven assets, thus “sucking the oxygen” out of the digital market. This statement shows the dynamics of capital allocation in the global market and the different risk perceptions between traditional asset classes and digital assets such as Bitcoin (BTC) and Ethereum (ETH).

1. Crypto has yet to show a price reaction in line with fundamentals

Lee stated that the fundamentals of the crypto industry have improved, but the prices of Bitcoin and other altcoins “have not followed” that trend proportionally. Improvements in industry structure, institutional adoption, and talks at global forums reflect long-term support for blockchain technology. However, price movements are still relatively slow as investor capital is currently more attracted to other assets.

Also Read: 7 Important Facts: Impact of Whale Sale on XRP Price

2. Gold and Silver “Suck the Oxygen” out of the Crypto Market

According to Lee, the rally in gold and silver caused investors to shift capital from risky assets to safe-haven metals. The strong price movements of gold and silver attracted margin and trading capacity that would normally be expected for crypto as well. As a result, crypto price momentum became stifled as capital was tied up in the trending precious metal rally.

3. Precious Metals Rally Attracts More Risk Capital

The contribution of gold and silver to the global market is considerable, with the prices of both metals reaching historically high levels recently. Investors using leverage or derivative instruments often favor metals due to their current strong movements.
This creates a fear of missing out (FOMO) among capital players who temporarily switch from crypto to precious metals.

4. Impact of Crypto Market Deleveraging

Lee noted that the large deleverage that occurred in the crypto market in October 2025 weakened the market’s ability to get tailwinds from leveraged traders.
Without strong leverage support, a rebound in Bitcoin or Ethereum prices becomes less sharp than a rally in metals. As a result, the crypto market is now more sensitive to global capital flows and changes in risk sentiment.

5. Institutional Views on Crypto Increase

Although prices are not rising as fast as fundamentals, Lee noted that large financial institutions are increasingly seeing blockchain and tokenization as part of the financial future.
Discussions at global forums such as Davos reflect that major banks and financial institutions are exploring the integration of blockchain technology into their business models.
This suggests the potential for long-term adoption despite the short-term price headwinds.

6. Rebound Scenario After Metal Rally Subsides

Lee said that market history shows the potential for a crypto rebound after a precious metals rally subsides or stops. According to him, when gold and silver prices take a break from their peaks, capital may flow back into bitcoin, ethereum, and other digital assets.
This reflects the view that the current subdued price action is temporary and related to global capital allocation.

7. Implications for Crypto Investors

For investors – especially those who are young or new to the digital market – Lee’s statement emphasizes that crypto prices can move apart from long-term fundamentals in the short term.

Understanding the interplay between asset classes such as precious metals, stocks, and crypto helps assess when risk-on momentum is returning. Investors are advised to monitor global market sentiment, the strength of metal rallies, as well as macro factors such as interest rate or dollar policy to anticipate changes in capital direction.

Also Read: 5 Important Insights Predicted SHIB Will Drop First Before Reaching New ATH

Follow us on Google News to stay up to date with the latest crypto and blockchain technology. Check Bitcoin price, USDT to IDR and Nvidia stock price tokenized via Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference
– Daily Hodl Staff. Tom Lee Says Crypto Not Keeping Up With Improving Fundamentals, Sees Precious Metals ‘Sucking the Oxygen’ out of the Room.Accessed January 29, 2026.