Bitcoin and Ethereum Set for Major Gains Amid Easing US Monetary Policy
Bitcoin and Ethereum are positioned for substantial gains in the upcoming quarter, driven by easing monetary policy in the United States and favorable seasonal trends. Key industry analyst Tom Lee, co-founder of Fundstrat and chairman of BitMine, highlighted that recent shifts in global central banking policies could catalyze a significant rally for these cryptocurrencies.
According to Lee, reduced monetary liquidity and a loosening of central bank policies are likely to serve as strong catalysts for Bitcoin and Ether to accelerate their upward momentum. The anticipation of a potential interest rate cut by the Federal Reserve, scheduled for Wednesday, further supports this outlook. While futures markets suggest a modest probability of a more aggressive 50 basis point reduction, the expectation of a 25 basis point decrease remains predominant, which would enhance liquidity conditions.
Lee noted that Bitcoin in particular exhibits sensitivity to liquidity and monetary policy changes, while Ether shares this trait but also aligns with broader technological developments. He emphasized Ethereum’s unique positioning as a growth-oriented protocol, especially as blockchain innovation intersects with artificial intelligence and Wall Street’s increasing involvement with digital assets. This confluence is seen as creating a “supercycle” for Ethereum, propelling its long-term macroeconomic appeal.
In recent corporate developments, BitMine disclosed a substantial accumulation of Ether, holding approximately 2.15 million ETH valued at nearly $10.77 billion, representing almost 1.8% of the total supply. The company’s aggressive ETH purchases underscore its confidence in Ethereum’s growth trajectory amid macroeconomic and technological shifts.
At press time, Ethereum was trading at just over $4,500, reflecting a slight decline of 2.7% on the day but a nearly 5% increase over the past week. Market analysts continue to monitor these assets closely, emphasizing their potential to capitalize on favorable policy environments and technological momentum in the coming months.