{"id":52674,"date":"2025-10-14T04:31:30","date_gmt":"2025-10-14T04:31:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52674"},"modified":"2025-10-14T04:31:30","modified_gmt":"2025-10-14T04:31:30","slug":"is-crypto-fueling-golds-rise-heres-the-interesting-correlation-tom-lee-noted","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52674","title":{"rendered":"Is Crypto Fueling Gold’s Rise? Here’s The ‘Interesting Correlation’ Tom Lee Noted"},"content":{"rendered":"
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Wall Street strategist Tom Lee<\/strong> suggested a correlation on Monday between the rise in Tether\u2019s<\/strong> (CRYPTO: USDT<\/a>) supply and the steady rise in gold prices observed over the past three months.<\/p>\n

Crypto Driving Gold Prices?<\/h2>\n

Speaking to CNBC, Lee stated that stablecoins, including Tether, might be one of gold\u2019s largest buyers today.<\/p>\n

\u201cThere is an interesting correlation we found, which is that when I look at Tether\u2019s supply of dollars outstanding, it really started to rise about three months ago. And that corresponded with gold essentially going up every day,\u201d Fundstrat\u2019s <\/strong>Head of Research said.<\/p>\n

Lee agreed that the current gold rally might be influenced by cryptocurrencies \u2014 an asset class that many gold investors have historically been bearish on.<\/p>\n

\u201cTether has proven to be a good meeting ground between Bitcoiners and gold people,\u201d he added.<\/p>\n

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