Tom Lee says some investors’ crypto allocations grew from 2% to 85%

BitMine Chairman Tom Lee said some investors who followed his recommendation to allocate 2% of their portfolios to cryptocurrencies now have crypto exposure of more than 85%, according to an interview with Wealthion. Lee said the shift was not driven by additional purchases, but by Bitcoin’s sharp price gains.

Lee added that over the next 10 years, cryptocurrencies could offer relatively low correlation with other assets, benefit from AI-driven growth, and become a key pillar in the restructuring of the financial services industry.

Source: Coinness