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Tom Lee says crypto bull market is underway

Bitmine Chair Tom Lee declared that a crypto bull market is underway during Korea Blockchain Week 2026, stating that the current market cycle is likely to be the largest.

Tom Lee on stage presenting a slide titled 'Bull Cycle: Why likely to be larger than other bull markets' at Korea Blockchain Week.
Image: @coinbureau

Bitmine Chair Tom Lee stated that a cryptocurrency bull market is underway, according to social media reports on September 30, 2026. Outlets including Watcher.Guru, CryptoSavingExpert, and Kalshi Crypto reported that Lee declared crypto has officially entered a bull market.[5][2][1][4][3]

Lee outlined his thesis while speaking at Korea Blockchain Week 2026, where he noted that Ethereum has been consolidating for five years, according to Coin Bureau. Market commentator Scott Melker also reported that Lee characterized the ongoing expansion as likely the largest cycle yet.[4][3]

Key facts

  • Tom Lee stated that a crypto bull market is underway and that crypto has entered a bull market.
  • Lee presented his remarks at Korea Blockchain Week 2026.
  • Lee is identified as the chair of Bitmine.
  • Lee stated that Ethereum has been consolidating for five years.
  • Lee stated that the current crypto cycle is likely the largest.

Sources · 5 sources

  1. KC

    Kalshi Crypto@Kalshi_CryptoPost on X ·

    JUST IN: Tom Lee says crypto has entered a "bull market"

    Open source
  2. C®

    CryptoSavingExpert ®@CryptoSavingExpPost on X ·

    BREAKING: Tom Lee just said: "A crypto bull market is underway." He knows what's coming. 🚀 https://t.co/DMEmCSV3zj

    Open source
  3. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    BITMINE $BMNR CHAIR TOM LEE SAYS A CRYPTO BULL MARKET IS UNDERWAY "THIS CYCLE LIKELY THE LARGEST."

    Open source
  4. CB

    Coin Bureau@coinbureauPost on X ·

    🇰🇷LATEST: Bitmine's Tom Lee says "a crypto BULL MARKET is underway.” Tom Lee at Korea Blockchain Week 2026 outlines his reasons on why a crypto bull market is underway. “Ethereum has been consolidating for 5 years” he adds. https://t.co/Xd8n0qZIqL

    Open source
  5. WG

    Watcher.Guru@WatcherGuruPost on X ·

    JUST IN: Tom Lee says crypto has entered a "bull market." https://t.co/cQrfAXYVQ7

    Open source