Tom Lee Says Oil Prices Are Ethereum’s Biggest Headwind

May 18, 2026 - 08:45

Tom Lee Says Oil Prices Are Ethereum’s Biggest Headwind

Rising oil prices since the US-Israeli war have been a consistent weight on the price of Ether for the last three months, according to Fundstrat co-founder Tom Lee. “If one is wondering why Ethereum has been under selling pressure … to me, rising oil prices is the biggest headwind,” Lee said on X on Monday....

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