Tom Lee, prominent analyst, recently shared his views on the anticipated effects of the Federal Reserve’s upcoming rate cut. In an interview with CNBC, he highlighted two key benefits: a potential decrease in interest rates, particularly for mortgages as the spread with the 10-year Treasury bond narrows, and increased business confidence. The ISM index has remained below 50 for 31 consecutive months, marking a historical record according to Lee. He believes this rate cut will likely support the stock market, with small-cap stocks, the financial sector, and cryptocurrencies standing to benefit. As for cryptocurrencies, Lee predicts Bitcoin could reach $200,000 in the fourth quarter, considering its potential for significant growth following the rate cut.