Bitcoin and Ether are set for a huge rally in the fourth quarter this year thanks to the prevention of financial policy in the United States, according to fundstrat co-founder and Bitmine chairman Tom Lee.
Financial sensitivity of financial and erection of Global Central Banks, along with a powerful time -time will take Bitcoin (Btc) and ether (Eth) prices, Says Lee at CNBC on Monday.
“I think they can make a monster move over the next three months … big.”
He added that these could be one of the “stand-out trading” for the rest of this year, partially driven by the Federal Reserve Reduction of rates In the first time this year.
Lee The situation was compared until September 1998 and 2024 when the Fed was in an “extended pause” and cut the rates that month. “The Fed can really be re -given confidence by saying that we will return to a spin,” he said, adding that a cutting rate would be a “real improvement in liquidity.”
Looking forward to the US Central Bank Guess A skinny 4% chance of a larger 50 basic point cut.
Ethereum goods such as 1971 Wall Street
When asked if BTC and Ether still have risk assets, Lee says Bitcoin is particularly financially and sensitive to liquidity, while Ether also has elements of liquidity sensitivity.
“But it is also part of AI moving to Blockchain and Wall Street to move to Blockchain and the entire Stablecoin ChatGPT moment for crypto,” he said before adding:
“So Ethereum, in my opinion, almost trade like 1971 Wall Street when the dollar left the gold standard and there was a lot of changes … Ethereum essentially a growth protocol.”
Related: Ethereum is the ‘largest trading of Macro’ for the next 10-15 years: Fundstrat
Lee is closed by saying this is why Bitmine is aggressive Getting Ether.
Bitmine accumulates more eth
In the latest Update On Monday, the company announced that it had $ 10.77 billion cash and Crypto handlesincluding 2.15 million eth.
The company now holds $ 9.7 billion worth of ether, or about 1.8% of the entire supply.
“The scene of both Wall Street moving to Blockchain and AI and Agentic-Ai creating a token economy creates a supercycle for Ethereum,” Lee said.
ETH prices trade over $ 4,500 at the time of writing, down 2.7% in the day, but up to 5% from the same time last week.
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