All the pieces are in place for crypto to be bottoming right now, says Fundstrat's Tom Lee

CNBC Television | February 02, 2026 at 04:31 PM UTC
Bullish 75% Confidence
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Key Points

  • Market volatility is partly due to Washington's policy-making and uncertainty surrounding the new Fed chair.
  • The crypto market has suffered on a price basis due to deleveraging and risk appetite shifting to precious metals, but fundamentals are good and it's believed to be bottoming.
  • Historically, strong January performance (like this year's S&P 500 gain) often precedes positive full-year returns for stocks.
  • The broader economy is considered to be in good shape despite current market turmoil.

AI Summary

Fundstrat's Tom Lee discusses current market volatility, attributing some of it to political uncertainty and the new Fed pick. He believes the broader economy is healthy and sees signs that the crypto market is bottoming, with strong underlying fundamentals and institutional interest. He also highlights historical data suggesting a positive year for stocks after a strong January.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 75%
Consensus Bullish 75%