Tom Lee Predicts Big Gains for Bitcoin and Ethereum After Fed Rate Cut
The crypto community and financial markets await the U.S. Federal Reserve’s rate cut decision this week. BitMine Chairman Tom Lee said Bitcoin, Ethereum, Nasdaq 100, and small-cap stocks will benefit most if rates are cut.
Lee told CNBC’s Closing Bell that Bitcoin and Ethereum “could make a monster move in the next three months.” He noted these cryptocurrencies are sensitive to monetary liquidity and tend to perform well seasonally.
On Twitter, Lee highlighted the top beneficiaries of a Fed rate cut:
- NASDAQ 100 (including major tech and AI stocks)
- Bitcoin and Ethereum
- Small-cap stocks and financial firms
BitMine’s Ethereum Holdings and Market Outlook
BitMine manages the largest Ethereum treasury, holding 2.15 million ETH, worth about $9.72 billion. The company aims to acquire 5% of the total ETH supply but has reached only 36% of this target, according to Strategic ETH Reserve data.
Lee, a well-known crypto advocate, recently predicted Bitcoin could reach $200,000 before the end of 2025.
BTC and ETH Price Movements Ahead of Fed Decision
The Federal Reserve will announce its decision on September 17. Ahead of this, Bitcoin and Ethereum are showing signs of volatility.
Bitcoin is trading around $115,500, up 0.6% in the last 24 hours, according to CoinMarketCap. Ethereum is near $4,500, gaining 3.56% over the past week.
