Tom Lee, Chairman of BitMine, stated in a CNBC interview that a Federal Reserve interest rate cut could significantly benefit the Nasdaq 100 index, particularly the Mag 7 and AI sectors. Lee also anticipates a substantial rise in Bitcoin and Ethereum prices over the next three months. Additionally, he noted that small-cap stocks and the financial sector could see gains from such a monetary policy shift.
Tom Lee Predicts Bitcoin and Ethereum Surge if Fed Cuts Rates
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