Tom Lee: Encryption will be the most FOMO-effective asset by the end of the year, and if the Fed does not interest in September, US shares or strong rebound
In an interview with the CNBC yesterday, on 1 September, Chairman Tom Lee of Bitmine stated that the Fed could have rebounded “very strong” if interest rates remained unchanged in September, and that the Fed meeting on 15 September was a potential turning point. Tom Lee argued that, against the background of inflationary pressures and energy supply problems in 2026, the market had already partially priced up expectations, and that seasonal vulnerabilities and concerns in September could trigger up-front surprises. Tom Lee also looked at the encrypted currency, thinking that the recent increase in bitcoin would be "first phase" and that the institutional configuration would be strengthened in the fourth quarter. "In September and before the end of the year, the most FOMO-effected assets would be encrypted currency, especially ETH
