Tom Lee: Crypto and tech strength signals market pricing in looser financial conditions
- —Lee: before the jobs report, markets expected three Fed rate hikes this year
- —October hike probability was priced at 75%
- —US September inflation data is due in two weeks
- —Lee: risk assets cannot rally under tight monetary conditions
Why it matters: The comments reflect trader expectations that Fed easing will become a key catalyst for crypto markets in the coming months.
Source: PANews