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BitMine chair sees crypto, especially ETH, leading FOMO if Fed holds rates

  • Tom Lee said markets could rebound strongly if the Federal Reserve avoids a September rate increase.
  • Tom Lee identified cryptocurrency, especially ETH, as the leading FOMO asset through year-end.
  • BitMine is an Ethereum treasury company, and Lee serves as its chairman.

BitMine Chairman Tom Lee said markets could rebound strongly if the Federal Reserve does not raise interest rates in September. He identified cryptocurrency, particularly ETH, as the asset most likely to drive FOMO (fear of missing out) in September and through the end of the year.

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