{"id":118117,"date":"2025-12-05T09:10:16","date_gmt":"2025-12-05T09:10:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118117"},"modified":"2025-12-05T09:10:16","modified_gmt":"2025-12-05T09:10:16","slug":"crypto-market-news-today-december-5-tom-lee-calls-crypto-bottom-as-bitmine-buying-more-eth-and-btc-usd-holds-above-92k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118117","title":{"rendered":"Crypto Market News Today, December 5: Tom Lee Calls Crypto Bottom as Bitmine Buying More ETH and BTC USD Holds Above $92K"},"content":{"rendered":"<p>Tom Lee fans are jolting this week after the Fundstrat co-founder told a Binance Blockchain Week crowd that Bitcoin and the crypto market have already bottomed and that the next eight weeks could break the traditional four-year cycle. His remarks came just as Bitmine accumulation crossed another major milestone, with the firm scooping $131 million USD more in ETH.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>Lee\u2019s confidence is based. On-chain labels connected to Bitmine ETH operations show that the firm added 41,946 ETH last week, lifting holdings beyond 3.57 million tokens. His positioning shows strong conviction that ETH USD is stabilizing, even as investors debate whether BTC USD can sustain its push toward the mid $90Ks.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/intel.arkm.com\/explorer\/entity\/bitmine\" target=\"_blank\" rel=\"noopener\"><strong>Bitmine, Arkham<\/strong><\/a>)<\/p>\n<p>As we know, Tom Lee crypto calls tend to mark sentiment pivots. That and his forecast of crypto adoption jumping by as much as 200x, plus this deliberate buying pattern, the BTC USD recovery above $92K, the market is vibing.<\/p>\n<p> JUST IN: Tom Lee says Bitcoin and crypto have bottomed<\/p>\n<p>&#8220;We&#8217;re going to shatter the Bitcoin 4-year cycle over the next 8 weeks.&#8221; <a href=\"https:\/\/t.co\/Kw8wcJogMn\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Kw8wcJogMn<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BitcoinArchive) <a href=\"https:\/\/twitter.com\/BitcoinArchive\/status\/1996708431953052139?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 4, 2025<\/a><\/p>\n\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"noopener\">16+ New and Upcoming Binance Listings in 2025<\/a><\/strong><\/p>\n<h2>Beyond Tom Lee, Bitmine, and Their ETH Crypto Buying Spree<\/h2>\n<p>Beyond Tom Lee and Bitmine, macro data also adds more weight to the bottom argument. While the headline on US inflation recently eased from earlier highs, the mixed components have boosted expectations that the Federal Reserve will lean toward easing soon.<\/p>\n<p>Rate-cut odds for the upcoming <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/will-trump-whitehouse-veto-powell-over-fomc-federal-reserve-news-today-pmi-non-farm-and-jobless-claims-give-pre-fomc-clues\/\" target=\"_blank\" rel=\"noopener\">FOMC meeting<\/a> now sit near 87%, and this shift usually funnels USD liquidity back into risk assets, especially BTC and ETH, which are quickest to react. Those following Tom Lee buying trends, any of his moves, are usually a confirmation of softening policy, which is a major crypto catalyst.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\"><strong>CME FedWatch<\/strong><\/a>)<\/p>\n<p>Quantitative tightening officially ended on December 1, freezing what had been a massive drain on liquidity. But an end to QT is not an immediate \u201cgo\u201d signal. In 2019, QT ended months before crypto found a true bottom, in part because repo markets broke and forced emergency liquidity injections. This time around, the Fed stopped QT earlier to avoid repeating that mess. Still, real demand matters more than the absence of tightening.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/1YM1GbAn\/?symbol=BITSTAMP%3ABTCUSD\" target=\"_blank\" rel=\"noopener\"><strong>BTC USD, TradingView<\/strong><\/a>)<\/p>\n<p>Another bullish altseason catalyst is coming from the declining BTC dominance. It slips under 60%, which is a hint at an incoming rotation, and following it, ETH\/BTC just broke a three-month downtrend, which is historically a strong read-through for altcoin rallies.<\/p>\n<p>To put it into perspective, Ethereum has held its weekly CME gap support for over two weeks, and volume is rising. Yet PMI recently ticked down to 48.2, still a contraction. Until that flips to expansion, liquidity doesn\u2019t fully rotate into high-beta crypto, including Tom Lee crypto favorites and Bitmine ETH targets.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/1YM1GbAn\/?symbol=BITSTAMP%3AETHUSD\" target=\"_blank\" rel=\"noopener\"><strong>ETH USD, TradingView<\/strong><\/a>)<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\">15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n<h2>Liquidity\u2019s Slow Turn and the Path for ETH USD and BTC USD<\/h2>\n<p>Bitmine ETH accumulation near the $3,000 zone shows long-term institutional confidence. Lee argues that Ethereum\u2019s setup resembles Bitcoin\u2019s early super-cycle, and if BTC can defend $92K USD and stretch toward $95K, the psychological path to $100K opens fast. ETH, which is holding above $3,100, could aim for $3,500 if it can hold the support line.<\/p>\n<p>According to Tom Lee crypto logic, bottoms form quietly, but breakouts don\u2019t. The next eight weeks may prove him right.<\/p>\n<p>I think Ethereum\u2019s going to become the future of finance, the payment rails of the future, and if it gets to .25 relative to Bitcoin, that\u2019s $62,000. Ethereum at $3,000 is grossly undervalued. We\u2019re going to shatter the Bitcoin 4-year cycle over the next 8 weeks.\u201d \u2013 Tom Lee<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2025<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\"><span>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-no-updates\">\n<p>There are no live updates available yet. Please check back soon!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-december-5-tom-lee-calls-crypto-bottom-as-bitmine-buying-more-eth-and-btc-usd-holds-above-92k\/\">Crypto Market News Today, December 5: Tom Lee Calls Crypto Bottom as Bitmine Buying More ETH and BTC USD Holds Above $92K<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tom Lee fans are jolting this week after the Fundstrat co-founder told a Binance Blockchain Week crowd that Bitcoin and the crypto market have already bottomed and that the next eight weeks could break the traditional four-year cycle. His remarks came just as Bitmine accumulation crossed another major milestone, with the firm scooping $131 million [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":118118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118117"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118117"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118118"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}