Wednesday , May 15th 2019
Tom Lee, co-founder of Fundstrat, spoke about BTC's recent hike over $8000, during an interview with CNBC Fast Money. Tom Lee pointed out the possible reasons that were acting as catalysts for this surge and also spoke about the future position of cryptocurrencies. Lee stated that one of the "notable" catalysts was the "tension between the US and China." He said that "It's really sort of sparked this potential risk of some sort of systematic meltdown and crypto is correlated."