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TechFlow reports that on July 22, Fundstrat co-founder Tom Lee stated that the relative performance of assets related to "downstream artificial intelligence" continues to strengthen. Specifically, Ethereum's outperformance relative to the storage chip sector expanded to 7,200 basis points, or 72 percentage points, over the past month. During the same period, Ethereum rose 24%, while the storage chip ETF fell 38%.
Fundstrat co-founder Tom Lee stated that the relative performance of assets related to "downstream artificial intelligence" continues to strengthen. Specifically, Ethereum's outperformance relative to the storage chip sector expanded to 7,200 basis points over the past month, or 72 percentage points. Over the same period, Ethereum rose 24%, while the storage chip ETF fell 38%.
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