Tom Lee: AI trading is still vibrant, the Democratic Party is pushing for cryptocurrency legislation

Fundstrat Managing Partner Tom Lee stated in an interview with CNBC that if everyone starts using tokens, computing power will become scarce, prices will rise, and then bottleneck issues will be discussed. He believes that many states will welcome this investment, and over time, AI trading remains very vibrant, with the community indeed hoping for capital inflow, but on their own terms.

Tom Lee also mentioned that cryptocurrencies are rising because Democrats are now pushing for cryptocurrency legislation, whereas they opposed it before the midterm elections, and now they genuinely hope to pass relevant legislation.