{"id":136124,"date":"2024-08-24T08:00:04","date_gmt":"2024-08-24T05:00:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136124"},"modified":"2024-08-23T18:56:46","modified_gmt":"2024-08-23T15:56:46","slug":"fundstrats-tom-lee-predicts-cryptocurrency-surge-if-trump-wins-2024-election","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/fundstrats-tom-lee-predicts-cryptocurrency-surge-if-trump-wins-2024-election\/","title":{"rendered":"Fundstrat&#8217;s Tom Lee Predicts Cryptocurrency Surge if Trump Wins 2024 Election"},"content":{"rendered":"<p>Appearing on CNBC\u2019s *Squawk<em>Box*<\/em>, Lee discussed the potential positive impact of a Trump victory on risk assets like <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\"><strong>Bitcoin<\/strong><\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u201cThe markets are believing Trump\u2019s probabilities of winning are stronger than what they\u2019re showing,\u201d says <a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@fundstrat<\/a> Tom Lee. \u201cWhen the market becomes more convinced of that, you\u2019ll see cyclicals, small caps, and bitcoin do better because those are clear policy differences.\u201d <a href=\"https:\/\/t.co\/AwGDVE9eM1\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/AwGDVE9eM1<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1826644284541403206?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He noted that markets are increasingly betting on Trump\u2019s chances, which they rate more favorably than current polls suggest.<\/p>\n<p>He stressed that Trump\u2019s pledge to cut the corporate tax rate to 15%, compared to Democratic candidate Kamala Harris\u2019 proposed 28% increase, could further boost market confidence.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-next-bull-run-could-start-soon-suggests-analyst\/\" title=\"Bitcoin\u2019s Next Bull Run Could Start Soon, Suggests Analyst\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_bitcoin-bull-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Next Bull Run Could Start Soon, Suggests Analyst<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Additionally, Trump\u2019s supportive stance on Bitcoin, including plans to protect it and create a national Bitcoin reserve, is seen as a potential catalyst for higher prices.<\/p>\n<p>Lee also commented on Bitcoin\u2019s resilience following the sharp market decline in early August triggered by macroeconomic concerns from Japan. Although BTC fell below $50,000 on August 5, he noted that it has weathered the downturn well. He concluded by criticizing the Federal Reserve for being late in cutting interest rates, suggesting that more aggressive cuts would be beneficial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundstrat Global Advisors co-founder Tom Lee believes cryptocurrencies could see significant growth if Donald Trump wins the upcoming US presidential election.<\/p>\n","protected":false},"author":3,"featured_media":136126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-136124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fundstrat&#039;s Tom Lee Predicts Cryptocurrency Surge if Trump Wins 2024 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