Tom Lee Predicts Crypto Rally: 4 Catalysts for a Bull Run

Tom Lee, the founder of FundStrat and the Chairman of BitMine, has predicted a strong crypto rally happening this year. This prediction came even as Bitcoin price remains in a correction and top altcoins in a bear market. This article looks at some of the potential catalysts for a crypto bull run.

Federal Reserve to Support Crypto Rally

One of the main catalysts that may drive the crypto rally is the Federal Reserve, which may be comfortable cutting interest rates this year.

Odds of a Fed cut jumped after the US published inflation numbers that missed analysts’ estimates. The headline Consumer Price Index rose slightly from 2.9% in August to 3% in September, lower than the median estimate of…

Source link