Bitcoin Price Crash is Burning Man’s Fault & Fed Will Hike Rates 3x: Tom Lee

Fundstrat co-founder Tom Lee claims this week’s bitcoin price nosedived because the crypto-sphere is distracted by the Burning Man festival. Moreover, Lee predicts the Federal Reserve will raise interest rates 75 basis points by the spring of 2020. Lee, a bitcoin perma-bull, made the remarks to Fox Business News. During a segment with UBS Managing Director […]

The post Bitcoin Price Crash is Burning Man’s Fault & Fed Will Hike Rates 3x: Tom Lee appeared first on CCN Markets

Source: https://www.ccn.com/tom-lee-bitcoin-price-fed-rate/

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