Crypto bull market is back, Fundstrat's Tom Lee says, with Ether at $50,000 possible

The crypto market has moved past winter and entered a full bull market again, according to Fundstrat's Tom Lee, who said tokenization and institutional participation could make the current cycle much larger than earlier rallies. In an Oct. 13 local-time Fundstrat interview, Lee said the market had returned to a full-blown bull phase and that much of the change in blockchain and crypto is taking place in Asia. Lee said the past 12 months had been a grind for crypto, but the tone of the market had shifted.