Tom Lee Predicts Bitcoin, Ethereum ‘Monster Move’ In Q4

Fundstrat’s Tom Lee predicts crypto could make “monster” moves in the coming months as Federal Reserve rate cuts provide tailwinds, while Standard Chartered analyst Geoff Kendrick says Ethereum (CRYPTO: ETH) treasury companies have the “highest probability of being sustainable” compared to Bitcoin (CRYPTO: BTC) rivals.

What Happened: Speaking on CNBC as Fundstrat marked its 11th anniversary on Monday, Lee described the market as “mid-cycle” rather than late-stage.

While the so-called “Magnificent 7” stocks and AI remain in play, he sees rate cuts as the real catalyst for the next leg higher.

“The Fed can …

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