Tom Lee Says Q4 Could Bring One of the Biggest Rallies of Our Lifetime. Can Bitcoin, Ethereum, and XRP Reach New Highs?

Tom Lee called a historic Q4 stock rally on television, and the Fed raised rates less than 24 hours later. Now Bitcoin, Ethereum, and XRP face a much steeper climb than Lee's bullish case lets on.

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Tom Lee went on television September 15 and called one of the biggest rallies of our lifetime for the final stretch of 2026. Less than 24 hours later, the Federal Reserve raised rates and left the door open to another hike.

That puts Lee’s call in a different light because his forecast is for U.S. stocks, while crypto investors are more interested in whether the conditions behind that rally can also lift Bitcoin and XRP. The question now is whether Lee’s bullish case can survive the Fed’s latest move and, if it does, how much of that rally could make its way into crypto prices.

Why Tom Lee Thinks the Q4 Rally Breaks Records

Tom Lee’s argument focuses on what he expects to happen once the Fed’s path becomes clearer. He believes a large pool of cash in money-market funds could move back into riskier assets as investors become more comfortable with the direction of interest rates.