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Benzinga
Benzinga
Business
Ivan Crnogatić

Tom Lee Predicts Bitcoin, Ethereum 'Monster Move' In Q4

Tom Lee Geoff Kendrick Bitcoin Ethereum Crypto Fundstrat Standard Chartered US Federal Reserve
Two,Coins,Bitcoin,And,Ethereum,On,A,Dark,Background.,Business

Fundstrat’s Tom Lee predicts crypto could make “monster” moves in the coming months as Federal Reserve rate cuts provide tailwinds, while Standard Chartered analyst Geoff Kendrick says Ethereum (CRYPTO: ETH) treasury companies have the “highest probability of being sustainable” compared to Bitcoin (CRYPTO: BTC) rivals.

What Happened: Speaking on CNBC as Fundstrat marked its 11th anniversary on Monday, Lee described the market as "mid-cycle" rather than late-stage.

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