Flash
Tom Lee: Crypto will be the asset with the most FOMO effect before the end of the year. If the Federal Reserve does not raise interest rates in September, U.S. stocks may rebound strongly
On September 1, Bitmine Chairman Tom Lee said in an interview with CNBC yesterday that if the Federal Reserve keeps interest rates unchanged in September, the stock market may rebound "very strongly". Therefore, the September 15 Fed meeting is a potential turning point. Tom Lee believes that in the context of inflationary pressures and energy supply problems in 2026, the market has already priced some interest rate hikes, and the seasonal weakness combined with worries in September may actually trigger upside surprises. Tom Lee is also optimistic about cryptocurrencies, believing that Bitcoin's recent rise is the "first stage" of growth, and institutional allocation will strengthen in the fourth quarter."The asset with the most FOMO effect in September and before the end of the year will be cryptocurrencies, especially ETH."