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Tom Lee Says Bitcoin and Ethereum Could See ‘Monster Move’ After Fed Rate Cuts


by Vignesh Karunanidhi
for CoinEdition
Tom Lee Sees Bitcoin, Ethereum Rally on Anticipated Fed Rate Cuts
  • Tom Lee identifies the Nasdaq 100, Bitcoin, and Ethereum as top Fed rate cut beneficiaries.
  • BitMine Chairman expects “monster move” for cryptocurrencies within three months.
  • The Fed is anticipated to announce 25 basis point cut with 96.4% market probability.

BitMine Chairman Tom Lee has shared his investment thesis for potential Federal Reserve rate cuts. He has identified Bitcoin and Ethereum among the primary beneficiaries of looser monetary policy. Speaking to CNBC, Lee positioned cryptocurrencies alongside Nasdaq 100 stocks as the most promising opportunities if the central bank proceeds with anticipated rate reductions.

Lee’s analysis draws from historical precedents in September 1998 and September 2024, both periods when the Federal Reserve cut rates following extended pauses. The BitMine executive, whose company operates as an Ethereum-focused MicroStrategy-…

Read The Full Article Tom Lee Says Bitcoin and Ethereum Could See ‘Monster Move’ After Fed Rate Cuts On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin volatility spikes as traders bet big on $145k October price target

Bitcoin volatility spikes as traders bet big on $145k October price target

Bitcoin and Ethereum traders remain optimistic about the market’s trajectory even aft...
Altcoin Rotation is Gradually Coming to an End

Altcoin Rotation is Gradually Coming to an End

Detail: https://coincu.com/altcoin/altcoin-rotation-is-gradually-coming-to/

Tom Lee Says Bitcoin and Ethereum Could See ‘Monster Move’ After Fed Rate Cuts


by Vignesh Karunanidhi
for CoinEdition
Tom Lee Sees Bitcoin, Ethereum Rally on Anticipated Fed Rate Cuts
  • Tom Lee identifies the Nasdaq 100, Bitcoin, and Ethereum as top Fed rate cut beneficiaries.
  • BitMine Chairman expects “monster move” for cryptocurrencies within three months.
  • The Fed is anticipated to announce 25 basis point cut with 96.4% market probability.

BitMine Chairman Tom Lee has shared his investment thesis for potential Federal Reserve rate cuts. He has identified Bitcoin and Ethereum among the primary beneficiaries of looser monetary policy. Speaking to CNBC, Lee positioned cryptocurrencies alongside Nasdaq 100 stocks as the most promising opportunities if the central bank proceeds with anticipated rate reductions.

Lee’s analysis draws from historical precedents in September 1998 and September 2024, both periods when the Federal Reserve cut rates following extended pauses. The BitMine executive, whose company operates as an Ethereum-focused MicroStrategy-…

Read The Full Article Tom Lee Says Bitcoin and Ethereum Could See ‘Monster Move’ After Fed Rate Cuts On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin volatility spikes as traders bet big on $145k October price target

Bitcoin volatility spikes as traders bet big on $145k October price target

Bitcoin and Ethereum traders remain optimistic about the market’s trajectory even aft...
Altcoin Rotation is Gradually Coming to an End

Altcoin Rotation is Gradually Coming to an End

Detail: https://coincu.com/altcoin/altcoin-rotation-is-gradually-coming-to/