⚡ Tom Lee: Cryptocurrency will be the asset with the strongest FOMO effect before year-end; if the Fed holds rates steady in September, U.S. stocks could see a strong rebound. On September 1, Tom Lee, Chairman of Bitmine, told CNBC that if the Fed maintains interest rates unchanged in September, the market could experience a "very strong" rebound, making the Fed’s September 15 meeting a potential turning point. Lee believes that, given inflationary pressures and energy supply concerns expected by 2026, the market has already priced in some rate hike expectations; seasonal weakness in September combined with investor anxiety may instead trigger an upside surprise. Lee is also bullish on cryptocurrency, viewing Bitcoin’s recent rally as the "first phase" of upward movement, with institutional allocation expected to strengthen in the fourth quarter. "The asset with the strongest FOMO effect in September and before year-end will be cryptocurrency, especially ETH."
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