{"id":43690,"date":"2025-08-23T05:31:32","date_gmt":"2025-08-23T05:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43690"},"modified":"2025-08-23T05:31:32","modified_gmt":"2025-08-23T05:31:32","slug":"tom-lee-calls-ethereum-a-1971-style-gold-moment-as-eth-hits-new-all-time-high-says-very-high-probability-of-flipping-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43690","title":{"rendered":"Tom Lee Calls Ethereum A 1971-Style Gold Moment As ETH Hits New All-Time High, Says &#8216;Very High Probability&#8217; Of Flipping Bitcoin"},"content":{"rendered":"<div>\n<p>Wall Street strategist <strong>Tom Lee <\/strong>is drawing parallels between <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) and the 1971 abandonment of the gold standard, predicting a \u201cvery high probability\u201d that the cryptocurrency will eventually flip <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) in market value.<\/p>\n<p><em>Check out the current price of <a href=\"https:\/\/www.benzinga.com\/quote\/eth-usd\">ETH stock here<\/a>.<\/em><\/p>\n<p>Lee, newly appointed Chairman of <strong>BitMine Immersion Technologies Inc. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BMNR#NYSE\">BMNR<\/a>), noted in an interview with The Compound that when the United States abandoned the gold standard in 1971, many focused on gold, but Wall Street emerged as the real winner.<\/p>\n<p>The comments come as cryptocurrency markets rallied on Friday following dovish remarks from <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/08\/47294599\/bitmine-immersion-stock-shoots-higher-on-ethereum-rally\">Federal Reserve Chair<\/a> <strong>Jerome Powell<\/strong>, who signaled potential <a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/08\/47292004\/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins\">interest rate cuts in September<\/a>.<\/p>\n<p><em>Check out the current price of <a href=\"https:\/\/www.benzinga.com\/quote\/btc-usd\">BTC stock here<\/a>.<\/em><\/p>\n<h2 class=\"wp-block-heading\">BitMine Builds Massive Ethereum Treasury<\/h2>\n<p>BitMine is pursuing what Lee calls the \u201calchemy of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/08\/47296830\/tom-lee-calls-ethereum-a-1971-style-gold-moment-as-eth-hits-new-all-time-high-says-very-high-pro\" alt=\"Tom\" lee calls ethereum a gold moment as eth hits new all-time high says probability of flipping bitcoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street strategist Tom Lee is drawing parallels between Ethereum (CRYPTO: ETH) and the 1971 abandonment of the gold standard, predicting a \u201cvery high probability\u201d that the cryptocurrency will eventually flip Bitcoin (CRYPTO: BTC) in market value. Check out the current price of ETH stock here. Lee, newly appointed Chairman of BitMine Immersion Technologies Inc. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43690","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43690"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43690\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}