Tom Lee Ascribes Ethereum’s Pain to Market-Makers, Not the Fed | US Crypto News

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee and settle in, because the latest crypto pullback may not be what it seems, at least according to BitMine chair Tom Lee. Beneath the headlines and market jitters, a far more unexpected force may be driving Ethereum’s slump, one that has little to do with the Fed, and everything to do with crypto’s own plumbing. Crypto News of the Day: Tom Lee Warns of ‘Crypto QT’ as Ethereum Enters a Supercycle Setup Ethereum may be suffering from one of its sharpest drawdowns of the year, but Fundstrat’s Tom Lee argues the real culprit is not the Federal Reserve (Fed) source: https://beincrypto.com/ethereum-market-downturn-liquidation-event/