Lee Sees Softening Inflation Trends Ahead of BMNR's Weekly Ethereum Purchase Update

BMNR's Tom Lee thinks inflation trends may be softer than expected. In a post on X, he pointed out that the gap between the consumer price index and truflation is at a near five-year high.

Lee said if trueflation numbers are accurate, reported inflation could fall significantly over the next six months.

Lowered interest rates would likely direct more capital towards riskier assets like Bitcoin (BTC) and Ethereum (ETH), he added.