Bitcoin and Ether are expected to rally in Q4 due to easing monetary policy in the US, per Tom Lee. The Fed may cut rates by 25 basis points, with a slim chance of a 50 basis point cut. Lee sees a significant move in the next three months for BTC and ETH.

Tom Lee is bullish on BTC and ETH, citing monetary policy sensitivity. He compared the situation to 1998 and 2024, noting that a rate cut by the Fed would boost liquidity. BitMine has accumulated $10.77 billion in cash and crypto holdings, holding $9.7 billion worth of Ether.

Lee believes Ethereum is a growth protocol and a significant macro trade for the next 10-15 years. BitMine now holds 2.15 million ETH, almost 1.8% of the total supply. ETH prices were trading over $4,500, down 2.7% on the day but up almost 5% from last week.

Read more at Cointelegraph: Bitcoin And Ether Could Surge In Q4, Says Fundstrat’s Tom Lee