CoinScoopTom Lee Predicts New Crypto Bull Cycle Driven by Institutional Capital
Tom Lee, Chairman of Bitmine, stated on September 30, 2026, at Korea Blockchain Week in Seoul that a new cryptocurrency bull cycle has begun, potentially becoming the largest in history. Lee cited institutional inflows, asset tokenization by firms like BlackRock, JPMorgan, and Robinhood, and intergenerational wealth transfers as key drivers. He noted that Bitcoin (BTC) remaining above its 200-day moving average is a historically bullish indicator. Additionally, Lee estimated that a portion of the $700 billion in projected annual US inheritance transfers could flow into crypto, potentially boosting the market to $10 trillion.
Summaries are written by AI from the original article. Not investment advice.