The bitcoin price has dropped from almost $50,000 per bitcoin at the beginning of 2022, falling to lows of just over $30,000 last month before regaining ground. Ethereum, its rivals BNB, solana, and cardano as well as Ripple's XRP have also seen extreme volatility as traders panic—though some remain convinced the crypto market will recover.
Now, amid a fresh bitcoin and crypto price crash sparked by the escalating situation in Ukraine, outspoken bitcoin and crypto bull Tom Lee has said he expects a portion of almost $100 trillion worth of wealth to eventually flow into crypto markets—citing the fast-changing regulatory landscape as a potential catalyst.
Now, amid a fresh bitcoin and crypto price crash sparked by the escalating situation in Ukraine, outspoken bitcoin and crypto bull Tom Lee has said he expects a portion of almost $100 trillion worth of wealth to eventually flow into crypto markets—citing the fast-changing regulatory landscape as a potential catalyst.