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Tom Lee: Fed Cuts Could Boost Bitcoin, Ethereum, and Tech

Published by
Sohrab Khawas

Tom Lee, Chairman of BitMine, told CNBC that if the Federal Reserve cuts interest rates, the biggest winners will be the Nasdaq 100, especially the Mag 7 and AI sectors, along with Bitcoin and Ethereum. He expects these assets to see a sharp rally in the next three months. Small-cap stocks and financial sectors could also benefit from the rate cuts, boosting investor confidence across multiple markets.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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