[Tom Lee: Cryptocurrencies Are High-Volatility Assets, Macro Headwinds Are Pressuring BTC and ETH] BlockBeats News, June 30, Ethereum's largest treasury BitMine Chairman Tom Lee stated in a post that cryptocurrencies are a class of high-volatility assets, and certain macro headwinds are currently exerting pressure on Bitcoin and Ethereum. The current headwinds include market expectations of Federal Reserve interest rate hikes, the uncertainty surrounding the 'CLARITY Act,' AI FOMO, and the impact of private credit on capital flows. However, he also pointed out that positive factors for the crypto market still exist, including tokenization being a mega-trend, cryptocurrencies being downstream of AI, and money becoming increasingly digital and software-driven. Additionally, the current market sentiment is extremely poor, which may indicate it is nearing a 'pain peak.' [Original Link]