Tom Lee Sees September Market Upswing Amidst Fed Rate Cuts

BlockBeats reports that BitMine Chairman Tom Lee believes the stock market might experience a positive upswing in September despite pre-existing concerns about potential downturns due to seasonal factors and increased volatility in the VIX. According to Lee, the Federal Reserve’s continued current stance regarding interest rates could be beneficial for the market. 2025 is likely to see a similar pattern as historical data reveals: the Fed has largely kept interest rates unchanged throughout 1998 and 2024, followed by robust market rebounds in both years. This leads Lee to believe that September 2025 will follow suit with a positive market trend.