Thomas Lee: AI selloff and ETH, MAGS outperformance in focus

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Yaroslav Dmytrenko

17.07.2026

Thomas Lee: AI selloff and ETH, MAGS outperformance in focus — AI selloff and ETH, MAGS outperform

Thomas Lee will appear on CNBC Closing Bell at 3 p.m. ET on July 17 to discuss recent market developments. Topics include the ongoing selloff in artificial intelligence-related stocks, an analysis of which stage the decline may be in, and reasons for the recent outperformance of cryptocurrencies such as ETH and MAGS since late June.

Lee also flagged continued interest in BTC and discussed related tickers, including BMNR and BMNP.

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Lee has previously discussed his outlook on the markets during earlier CNBC Closing Bell appearances, focusing on current developments and his perspectives on investor sentiment. In a recent analysis, he projected that the ETH to BTC price ratio is likely to rise in the second half of 2026, citing increased traction for the “ETH is money” narrative. These views add context to his latest comments on cryptocurrency outperformance and market rotation.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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